SpaceX plans to launch its initial public offering (IPO) in June, according to The Motley Fool. The IPO is anticipated to be unprecedented, with a possible valuation between $1.75 trillion and $2 trillion.[2]
What happened
SpaceX is set to debut on the stock market in June, marking a significant milestone for the trading landscape. “This will be a monumental day for the stock market,” the report stated. Such a valuation would make SpaceX one of the most valuable companies ever to go public.[1]
Alphabet Inc. holds a 6% stake in SpaceX, which could be worth approximately $120 billion should the company reach its $2 trillion valuation. Alphabet initially invested $900 million for this stake back in 2015, suggesting a substantial return on investment.
This stake would represent a hugely profitable investment even if SpaceX’s market cap is below its most optimistic goals.
Why it matters
Alphabet’s financial strategy may hinge on the SpaceX IPO. The demand for tech investment is rising, and Alphabet intends to bolster its AI infrastructure, which may require significant funds. The company plans to spend between $180 billion and $190 billion on capital expenditures in 2026.[3]
With Alphabet’s operational cash flow consumed by its data center build-out, the company faces pressure to find new sources of cash, including possibly liquidating parts of its SpaceX shares.
Background
On May 20, 2026, Alphabet indicated during its first-quarter earnings call that it expects capital expenditures to rise sharply in 2027. The company has already generated around $174 billion in cash from operations over the past year.
In an atypical move, SpaceX has established a rolling share-release schedule for its IPO. After the launch, insiders will be allowed to sell portions of their shares at specific intervals, delaying full liquidation until at least December 2026.
What’s next
Investors will keep a close eye on the SpaceX IPO in June. Alphabet’s ability to capitalize on its SpaceX shares will likely be contingent on this timing and the valuation achieved during the launch.
