SpaceX IPO — Pre-IPO Allocation

SpaceX has confidentially filed its S-1 with the SEC in April 2026, with a target listing in early summer 2026. The company is expected to debut at a valuation between $1.5 trillion and $2 trillion — making it the largest IPO in history. Analysts at Morningstar call the $1.5T floor "expensive and risky, but not irrational," while PitchBook pegs fair value between $1.1T and $1.7T based on ~50% EBITDA margins and ~50% three-year revenue CAGR. SpaceX's Starlink division is already impressively profitable with sustained high growth. The Starship mega-rocket programme unlocks everything from lunar bases to orbital AI data centres. A major investor event is scheduled for June 11, and prediction markets give >80% odds that an exact IPO date will be announced before month-end. Musk Space members receive priority access to pre-IPO allocations through our institutional brokerage partners. Allocations are strictly limited and will be distributed on a first-come, first-served basis within each tranche.

• Confidential S-1 filed with the SEC — summer 2026 listing expected
• Target valuation $1.5T–$2T — largest IPO in history
• Starlink profitable and growing at 50%+ CAGR
• Starship commercialisation unlocks $100B+ TAM in launch, lunar, and orbital services
• Major investor event scheduled June 11, 2026