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stocksJun 12, 2026, 2:08 PM

SpaceX Set for Largest IPO in History, Musk Says

Elon Musk reveals he gave SpaceX less than a 10% chance of succeeding at launch. Today, the company is preparing the largest IPO in history, 2.5 times bigger than the previous record.

SPCX

Elon Musk stated that when he founded SpaceX, he estimated its chance of success at under 10%. Despite those odds, the aerospace company is now on track to debut the largest initial public offering in history, surpassing the previous record by a factor of 2.5.

The IPO milestone highlights SpaceX's transformation from a high-risk venture into a dominant player in space exploration and satellite communications. No further details on the valuation or timeline have been released.

Source: The Kobeissi Letter