Key Highlights
- Confidential IPO prospectus submission to the SEC anticipated within the next several days
- Financial advisers project the offering could exceed $75 billion in capital raised
- Retail investors may secure over 20% of the total IPO share allocation
- PreStocks tokenized SpaceX shares declined 0.8% to $681.74 following the announcement
- Company’s cryptocurrency portfolio includes 8,285 Bitcoin valued at approximately $600 million, according to Arkham Intelligence data
Elon Musk’s aerospace company SpaceX is moving forward with preparations to submit its initial public offering documentation to federal regulators, potentially within the coming days, The Information has reported, citing an individual with firsthand knowledge of the situation.
NEW IN: SpaceX aims to file for IPO as early as this week per The Information.
It's projected to trade at a $2T valuation. pic.twitter.com/kRjxEWOWuN
— Polymarket Money (@PolymarketMoney) March 25, 2026
The prospectus would be filed confidentially with the Securities and Exchange Commission. Neither Musk nor SpaceX representatives have publicly acknowledged the timeline, and there remains a possibility of modifications to the schedule.
Financial advisers involved in structuring the transaction anticipate SpaceX will attempt to raise upwards of $75 billion through the public offering. Market analysts suggest the aerospace manufacturer could pursue a total valuation ranging from $1.5 trillion to $1.75 trillion.
Retail participants could potentially obtain more than a 20% stake in the allocation, though final distribution percentages remain subject to adjustment, the report indicates.
The anticipated public debut is scheduled for June 2026. Reuters noted it was unable to independently confirm these details, and SpaceX has not provided commentary when contacted.
Several prominent financial institutions have already been selected as principal underwriters for the transaction. The roster includes Morgan Stanley, Bank of America, Goldman Sachs, and JPMorgan Chase.
In related developments, SpaceX recently finalized its purchase of Elon Musk’s artificial intelligence venture xAI, converting it into a fully integrated subsidiary. The aggregate private market valuation of the merged entities currently stands at approximately $1.25 trillion.
Tokenized Shares Experience Decline
While IPO rumors intensified, the tokenized version of SpaceX equity on PreStocks experienced downward pressure. The digital asset, trading under the ticker SPACEX, decreased 0.8% to settle at $681.74 during the reporting period.
Intraday price action saw the token fluctuate between $681.23 and $699.50 over a 24-hour window. Market activity contracted by 31% during this timeframe, with the token currently positioned more than 22% beneath its peak price level.
Tokenized equity instruments continue gaining traction among institutional market participants. The SEC recently greenlit Nasdaq’s application to facilitate trading of tokenized securities, while major players including BlackRock, NYSE, and Invesco have unveiled their respective tokenized asset initiatives.
Cryptocurrency Portfolio Details
According to analytics from Arkham Intelligence, SpaceX maintains a position of 8,285.45 Bitcoin in its treasury, representing a market value approaching $600 million. Bitcoin was changing hands at $71,113 during the time of analysis.
Additionally, SpaceX disclosed that Elon Musk’s X Money service will commence limited public availability in April 2026.
The aerospace company has refrained from issuing official communications regarding its public offering timeline, cryptocurrency investment approach, or the recent performance of its tokenized equity instrument.
