Elon Musk reportedly wants a June SpaceX IPO to align with his birthday — and the planets
Elon Musk is reportedly targeting June for a potential SpaceX IPO, timing the offering around his birthday and a rare planetary alignment, as the company seeks major funding for Starship and Mars ambitions.
Elon Musk is reportedly targeting June for SpaceX’s long-anticipated initial public offering, according to reporting from the Financial Times. The timing is said to be deliberate: Musk is said to favour a window that aligns with both his birthday on June 28 and a rare planetary alignment involving Mercury, Venus, and Jupiter expected in early June.
While the exact timing remains fluid, the IPO is shaping up to be one of the most extensive public offerings ever. According to the Financial Times, SpaceX is aiming to raise at least $50 billion at a valuation of roughly $1.5 trillion. However, the paper noted that both the fundraising target and valuation could change as plans evolve.
The company is seeking additional capital to support its ambitious development of the Starship rocket, which is central to SpaceX’s long-term goal of sending humans to Mars. Starship is intended to be the most powerful launch vehicle ever built and a cornerstone of the company’s future missions.
SpaceX is already among the most valuable private companies in the United States. The company last conducted a secondary share sale in December, a transaction that reportedly valued SpaceX at around $800 billion.
If completed, the IPO would mark a significant milestone not only for SpaceX but also for the broader private space industry, potentially reshaping public markets’ exposure to commercial spaceflight and deep-space exploration.
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