SpaceX files for IPO, $1.75 trillion on the clock
Will Tesla lose its shine? How to get in before the listing
In March 2026, SpaceX confidentially filed for an IPO with the SEC. At a target valuation of $1.75 trillion, this isn't just the biggest moment in commercial spaceflight history. It could be the largest IPO ever attempted.
What we know about the listing
Based on market rumors and institutional/onchain disclosures, several key points stand out:
Timeline: Earliest listing expected in mid-to-late June, potentially aligning with Musk's 55th birthday (June 28)
Index inclusion: SpaceX is unlikely to enter the Nasdaq-100 immediately; large IPOs typically require ~15 days before inclusion
Valuation & scale: Target valuation raised to $1.75 trillion, with $50–75 billion in fundraising, potentially the largest IPO in history
OpenAI: The ultimate test of the AI narrative
Following SpaceX, OpenAI is also reportedly raising $120 billion in a pre-IPO round, targeting a late-2026 listing with a potential $1 trillion valuation.
IPO timeline: Expected Q4 2026
Strategic shift: Moving from consumer-focused to enterprise-driven revenue, with enterprise expected to hit 50% of revenue by 2026
Market impact: Two trillion-dollar IPOs in the same year would be unprecedented and a massive liquidity test for global markets
Tesla's narrative has always been partly about Musk's broader vision – space, AI, the future. With SpaceX and OpenAI now going public on their own terms, that story gets diluted. Investors who want pure exposure to the rocket company or the AI company no longer need Tesla as a proxy. The pressure on Tesla's premium valuation is real.
How to get in before the listing
In the traditional IPO model, retail investors only get access after the opening bell – usually during peak volatility, often at the top. Pre-IPO tokenized stocks changes that.
Through Bitget Wallet's pre-IPO asset trading, you can build a position in SpaceX and OpenAI before either company lists on Nasdaq – using USDT or USDC directly from your wallet, with no brokerage account required.
The century's biggest IPO wave is coming. Get positioned before it does.
Disclaimer: This article is for informational purposes only and does not constitute financial or investment advice. Always do your own research (DYOR) before trading.