Mission Events
SpaceX attempts to transfer cryogenic propellant between two Starships in LEO, a critical path milestone for Artemis.
On April 1, 2026, SpaceX submitted a confidential draft registration statement to the SEC, confirmed by Bloomberg and CNBC, targeting a June Nasdaq listing. Initial valuation guidance was $1.75 trillion with a targeted $75 billion raise; by April 6 investor testing-the-waters meetings pushed the target above $2 trillion — what would be the largest IPO in history, tripling Saudi Aramco's $25.6 billion 2019 record. The company merged with Elon Musk's xAI in February 2026, combining space, satellite, and AI assets. Starlink generates an estimated $8.2 billion in annual revenue. Public S-1 expected in late April–May, ahead of OpenAI and Anthropic listings.
SpaceX confidentially submitted draft IPO registration documents to the U.S. Securities and Exchange Commission on April 1, 2026, targeting a June 2026 listing. The filing was confirmed by Bloomberg, CNBC, Reuters, and the Wall Street Journal. The company is seeking a valuation of up to $1.75 trillion and aims to raise as much as $75 billion — which would surpass Saudi Aramco's $29 billion 2019 debut as the largest IPO in history. Bank of America, Citigroup, Goldman Sachs, JPMorgan, and Morgan Stanley are lined up as senior underwriters. The valuation is anchored primarily by Starlink, which ended 2025 with 9.2 million subscribers and over $10 billion in revenue, now crossing 10 million subscribers as of February 2026. A prior all-stock merger with xAI pushed the combined entity valuation to approximately $1.25 trillion before the IPO premium.
SpaceX successfully launches a new batch of Starlink satellites (Starlink 17‑17) from Vandenberg Space Force Base on March 26, 2026, expanding broadband coverage and testing upgraded user‑link hardware.