SpaceX is preparing to go public at a valuation between $1.75 trillion and $1.8 trillion, and roughly 4,000 of its employees are about to become millionaires in the process. The company’s IPO, expected to debut on Nasdaq under the ticker SPCX on or around June 12, 2026, could raise up to $75 billion through the sale of hundreds of millions of shares.

If those numbers hold, this would rank among the largest IPOs in history. For context, Saudi Aramco’s 2019 listing raised about $25.6 billion and held the record for years. SpaceX is aiming to nearly triple that.

The wealth wave hitting SpaceX employees

The New York Post reported on June 9 that the IPO is projected to create approximately 4,000 new millionaires from SpaceX’s workforce. Estimates suggest around 400 employees could see their net worths exceed $100 million.

A consortium of more than 100 current and former SpaceX workers has already formed a wealth-management collective with Choreo, a financial advisory firm. The group is anticipating the management of liquidated assets potentially valued between $1 billion and $5 billion following the IPO.

What the IPO filing reveals

SpaceX submitted its IPO prospectus to the SEC in mid-May 2026, following a confidential filing back in April. A roadshow kicked off on June 8, giving institutional investors their first formal look at the company’s financials and growth trajectory.

The target share price sits at $135. The IPO filing highlights significant capital expenditures earmarked for two major initiatives: Starlink and AI infrastructure.

Why crypto watchers are paying attention

Elon Musk’s relationship with crypto is well documented. From Tesla’s previous Bitcoin holdings to his role in pumping Dogecoin into the mainstream consciousness, Musk has repeatedly demonstrated a willingness to blur the line between traditional finance and digital assets. SpaceX itself has had historical connections to cryptocurrency through Musk’s broader business ecosystem.

The wealth-management collective with Choreo will be managing between $1 billion and $5 billion in assets. The South Texas real estate market is already being flagged as a likely beneficiary of the SpaceX wealth event, given the company’s operations near Boca Chica.