SpaceX confidentially files for U.S. IPO

Insights

• SpaceX filed confidential paperwork for a U.S. initial public offering in April 2026.
• The company grew from Falcon 1 in 2006 to reusable Falcon 9 operations and the ongoing Starship program across two decades of successes and setbacks.
• Starship has faced multiple high-profile failures and delays, including major accidents in 2023, 2025 and 2026 that have set back lunar plans.
• SpaceX has diversified into crewed missions, the Starlink satellite network, and in February 2026 acquired xAI in a $250 billion deal.
• The IPO comes amid regulatory and legal scrutiny and could rank among the largest stock market flotations if taken public.