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SpaceX

Valuation, Investors, IPO Status & How to Invest

Space Exploration Technologies Corp. (SpaceX) is an American aerospace manufacturer and space transportation company founded by Elon Musk. SpaceX designs, manufactures, and launches advanced rockets and spacecraft, with the ultimate goal of enabling human life on Mars. The company operates the Falcon 9 and Falcon Heavy rockets, the Dragon spacecraft, and is developing Starship — the largest and most powerful rocket ever built.[4][5]

Latest Valuation

$1250B

as of February 2026

Founded2002
HeadquartersStarbase, Texas
CEOElon Musk
Employees~13,000
Total Funding$10.7B
Funding Rounds13
Known Investors9+

Valuation Over Time[1][2][4][8][9][10][11][13][15][17][18]

521x growth since May 2012

Latest Valuation

$1250B

Funding History[1][2][3][4][9][11][13][14][15][17]

Tender OfferDec 2024
$1.3B@ $350B

Various

Tender OfferDec 2023
$750M@ $180B

Various

SeriesJan 2023
$750M@ $137B

Andreessen Horowitz

Equity RoundMay 2022
$1.7B@ $127B

Various

Tender OfferOct 2021
$755M@ $100B

Various

Series LFeb 2021
$1.6B@ $74B

Various

Key Investors[3][4][12][13][14]

Venture Capital

Founders FundDraper Fisher JurvetsonAndreessen HorowitzSequoia Capital

Corporate

Google

Private Equity

Fidelity InvestmentsValor Equity PartnersBaillie Gifford

Sovereign Wealth

Ontario Teachers' Pension Plan

SpaceX IPO Status[6][7][8][19][20][21][22]

IPO Filed

SpaceX filed a confidential draft registration statement (S-1) with the SEC on April 1, 2026, setting the stage for what could be the largest IPO in U.S. history. The company is targeting a June 2026 Nasdaq listing at a valuation of roughly $1.75 trillion, aiming to raise up to $75 billion with up to 30% retail allocation. A roadshow is planned for the week of June 7, with pricing expected the week of June 16–20. Morgan Stanley, Goldman Sachs, JP Morgan, Bank of America, and Citigroup are leading the offering. SpaceX was most recently valued at $1.25 trillion following its February 2026 acquisition of xAI.

Latest Intel

  • Confidential S-1 filed April 1, 2026; public S-1 expected late May 2026.[6]
  • Roadshow begins week of June 7, retail investor event June 11, pricing expected week of June 16–20.[19]
  • Up to 30% retail allocation planned — far above the typical 5–10% in most IPOs.[20]
  • SpaceX acquired xAI in February 2026, pushing the combined valuation to $1.25 trillion ahead of the offering.[8]
  • Ahead of the IPO, SpaceX executives were installed as xAI leaders (April 2026): Michael Nichols (Starlink SVP) became xAI President, Daniel Dueri (SpaceX Software Engineering Director) took over compute infrastructure, and Matt Monson (Starlink Software Director) assumed data operations — part of Musk's push to rebuild xAI from the ground up before the offering.[22]

How to Invest in SpaceX

1

Secondary Market Platforms

Accredited investors can purchase pre-IPO SpaceX shares through secondary market platforms. Shares are typically available during or after employee tender offer periods.

2

Pre-IPO Funds

Several investment funds specialize in holding pre-IPO shares of companies like SpaceX. These funds pool investor capital to purchase blocks of secondary shares.

3

Trade SpaceX Valuation on Ventuals

Ventuals is a crypto trading platform that lets any individual gain exposure to SpaceX's valuation — no accreditation or paperwork required. You can go long if you think the valuation will rise or short if you think it will fall, with up to 3x leverage. Learn more at Ventuals Docs or start trading at app.ventuals.com.

Sources

  1. [1] SpaceX $350B valuation in Dec 2024 tender offer (TechCrunch)
  2. [2] SpaceX $350B tender offer insider share sale (Yahoo Finance / Bloomberg)
  3. [3] Google & Fidelity $1B investment in SpaceX, Jan 2015 (TechCrunch)
  4. [4] SpaceX company overview — founding, history, operations, and funding rounds (Wikipedia)
  5. [5] SpaceX company overview and history (Britannica)
  6. [6] SpaceX confidential IPO filing April 2026, $1.75T target (Techi)
  7. [7] SpaceX IPO expected in 2026, could raise $30B (Texas Standard)
  8. [8] SpaceX acquires xAI at combined $1.25T valuation, Feb 2026 (Fortune)
  9. [9] SpaceX raises $1.9B in largest funding round to date, Aug 2020 (TechCrunch)
  10. [10] SpaceX $150B tender offer, June 2023 (Bloomberg via Investing.com)
  11. [11] SpaceX value jumps to $180B in Dec 2023 tender offer (Yahoo Finance / Bloomberg)
  12. [12] Ontario Teachers' Pension Plan invests in SpaceX, June 2019 (OTPP)
  13. [13] SpaceX funding rounds, key investors by stage — Series A through 2024 (SpaceXStock)
  14. [14] SpaceX raises $750M at $137B valuation, Andreessen Horowitz investing (Fox Business)
  15. [15] SpaceX crosses $100B valuation after Oct 2021 secondary share sale (Space Explored)
  16. [16] Ventuals — perpetual futures on private company valuations including SpaceX (Ventuals Docs)
  17. [17] SpaceX Series H raises $350M at $21.2B valuation, July 2017 (Teslarati)
  18. [18] SpaceX $210B tender offer at $112/share, June 2024 (Yahoo Finance / Bloomberg)
  19. [19] SpaceX IPO roadshow targets early June, 30% retail allocation (Business Standard / Reuters)
  20. [20] SpaceX IPO confirmed: $1.75T valuation, 30% retail allocation, June 2026 timeline (Basenor)
  21. [21] SpaceX confidential IPO filing, 21 banks, Project Apex codename (TechCrunch)
  22. [22] SpaceX executives overhauled into xAI leadership ahead of IPO — Nichols as president, Dueri on compute, Monson on data (BigGo Finance)

Last updated: 2026-04-09. Data is sourced from public filings, news reports, and secondary market transactions. Valuations reflect reported figures and may differ from actual transaction prices. This page is for informational purposes only and does not constitute investment advice.