Science

SpaceX files for IPO that could make Elon Musk a trillionaire

Musk's rocket-maker and satellite internet provider will trade under the ticker SPCX

Published May 20, 2026, 10:14 PM
Updated May 20, 2026, 10:23 PM3.1K
SpaceX files for IPO that could make Elon Musk a trillionaire

Lily JamaliNorth America Technology Correspondent, San Francisco

Getty Images Elon Musk wearing a black suit, white shirt, and black tie looking into the distanceGetty Images

Elon Musk's SpaceX has revealed its plans to go public in the US, allowing people to trade shares in the firm on the stock market.

SpaceX makes rockets, offers a satellite internet service called Starlink, and also owns Musk's controversial artificial intelligence (AI) firm xAI.

The initial public offering (IPO) on the US stock market is set to be the largest in Wall Street history and could start next month under the ticker symbol SPCX.

Because of the shares he will own in SpaceX, the IPO could make billionaire Musk, who is already the world's richest person, a trillionaire.

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