Exclusive-SpaceX Lays Out IPO Details, Targets Early June Roadshow, Sources Say
Published by Global Banking & Finance Review®
Posted on April 7, 2026
2 min readLast updated: April 7, 2026
Add as preferred source on GooglePublished by Global Banking & Finance Review®
Posted on April 7, 2026
2 min readLast updated: April 7, 2026
Add as preferred source on GoogleSpaceX is planning a landmark IPO in mid‑June 2026, targeting up to a $1.75 trillion valuation and raising around $75 billion — with an unprecedented ~30% of shares reserved for retail investors.
By Echo Wang
NEW YORK, April 6 (Reuters) - SpaceX outlined details of its highly anticipated IPO at a meeting with its team of bankers Monday night, telling them it plans to earmark a large portion of shares for retail investors and will host 1,500 of them at an event in June following the IPO roadshow launch, according to two people familiar with the matter.
"Retail is going to be a critical part of this and a bigger part than any IPO in history," Chief Financial Officer Bret Johnsen said during the virtual meeting, the two people said, asking not to be identified because the discussion was private.
Johnsen said the large retail component is by design as "those are folks that have been incredibly supportive of us and of Elon (Musk) for a long time, and we want to make sure that we recognize that."
Reuters reported last month that SpaceX is rewriting the IPO playbook with a large retail portion in the offering.
The meeting brought together the full syndicate for the first time as part of the process for what is expected to be the biggest initial public offering ever as the rocket maker seeks to raise $75 billion, valuing SpaceX at as much as $1.75 trillion, Reuters has previously reported.
(Reporting by Echo Wang in New YorkWriting by Dawn Kopecki; Editing by Shri Navaratnam)
SpaceX is targeting an early June launch for its IPO roadshow, according to sources familiar with the matter.
The SpaceX IPO will earmark a large portion of shares for retail investors, making it the biggest retail participation in IPO history.
SpaceX seeks to raise $75 billion, which could value the company at up to $1.75 trillion.
SpaceX plans to host 1,500 retail investors at a special event in June following the IPO roadshow launch.
Chief Financial Officer Bret Johnsen is working with a syndicate of bankers to coordinate the historic offering.
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