The Verge Wire · Story 9

SpaceX is now public

Elon Musk with big green arrow pointing up and money falling from the sky.
Image via The Verge

SpaceX has gone public in what is described as the largest IPO in history. The company aims to raise over $75 billion, with proceeds expected to fund space projects and AI data centers.

This IPO marks a major shift for a company previously seen as a private player in the space industry. It also highlights how capital markets are being used to fuel both space exploration and AI infrastructure.

Key details

  • SpaceX went public in what is called the biggest IPO in history.
  • The company aims to raise upwards of $75 billion for its space projects.
  • Most of the raised money is expected to go toward AI data centers.
  • The story was published on June 12, 2026, by The Verge.

Discussion angles

  • Some may question whether diverting IPO funds to AI data centers aligns with SpaceX's original space mission.
  • The IPO's unprecedented scale could set new benchmarks for tech and space company valuations.
  • Observers may debate how this affects SpaceX's existing Starlink and Starship development timelines.
  • The role of Elon Musk's other ventures could raise concerns about cross-company financial priorities.
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