SpaceX is reportedly preparing for an IPO that could happen as early as June 2026. They are looking to raise over $25 billion, which would value the company at around $800 billion. For comparison, that is higher than Boeing, Lockheed Martin, and Northrop Grumman combined. Financials show they are on track for $16 billion in revenue for 2025 with over $3 billion in cash reserves. Starlink is a major factor here since it doubled its revenue in 2024. The current valuation sits at roughly 50x sales. Since it is still private, retail investors cannot buy shares directly yet. Accredited investors have some options through secondary markets. For everyone else, funds like the ARK Venture Fund and XOVR ETF currently hold shares if you are looking for exposure before the public listing.