SpaceX is preparing for what could be a record-setting public stock offering – targeting a $75 billion raise — and the company plans to cut ordinary investors in on a portion of the shares, according to CBS News.
That’s an unusually public-facing move for a company that has operated as a private entity for decades. Most mega-IPOs allocate the bulk of shares to institutional buyers: hedge funds, pension managers, large banks. Setting aside a chunk for retail investors is a deliberate choice, not a default.
What’s known about the offering
The $75 billion figure, if accurate, would rank among the largest public offerings attempted by any company. CBS News didn’t specify how many shares are being set aside for individual buyers, or what the expected price per share might be. A timeline for the IPO hasn’t been confirmed publicly.
SpaceX hasn’t filed a formal prospectus with the Securities and Exchange Commission as of the CBS News report, published Tuesday, June 10, 2026. Without that filing, key details — including the share price range, the lock-up period for early investors, and the exchange where the stock would trade – aren’t yet public.
Anyone looking to participate would need a brokerage account and, depending on how the offering is structured, may need to request shares through their broker’s IPO access program before trading opens. Whether SpaceX will use a traditional underwritten offering or a direct listing hasn’t been spelled out.
Retail investors who buy at IPO price face a different risk profile than those buying on the open market after trading begins. IPO shares can spike sharply in early trading – or drop just as fast. SpaceX has no public earnings history for investors to weigh against the offering price.
The company also competes in two capital-heavy industries simultaneously: commercial rocket launches and satellite internet service through its Starlink division. Both require sustained spending. Whether profitability figures into the IPO pitch isn’t yet clear from the available details.
CBS News hasn’t reported a formal launch date for the offering, and SpaceX hasn’t publicly confirmed the $75 billion target through its own channels.
CBS News first reported the details of SpaceX's IPO plans. Read the original report.
