Sky-high IPO meets mysticism! SpaceX plans to go public in June, coinciding with a "planetary alignment" and Musk's birthday.

Elon Musk, the world’s richest man, is planning to schedule the SpaceX IPO at a special moment—a rare planetary alignment in mid-June coinciding with his birthday, as the rocket maker seeks an "auspicious date" for the largest public listing in history.

According to a report from the Financial Times on Wednesday, sources say SpaceX is aiming to raise up to $50 billion, with a valuation of about $1.5 trillion, which would shatter Saudi Aramco’s 2019 IPO record of $29 billion.

The timing highlights Musk’s personal influence on SpaceX. According to five people familiar with the matter, the company is targeting a mid-June listing, when Jupiter and Venus will be in close conjunction for the first time in more than three years. On June 8 to 9, the two planets will be just over 1 degree apart in the sky—about the width of your thumb at arm’s length. A few days later, Mercury will also form a diagonal alignment with these two planets.

Another timing consideration is Musk’s birthday—June 28. The billionaire has often shown his personal style in business decisions, including joking in 2018 on Twitter about taking Tesla private at $420 a share, a number many saw as a nod to marijuana culture and April 20 (4/20).

However, some bankers and investors believe the June timeline is too tight. SpaceX still needs to submit an S-1 filing to the SEC and schedule a global roadshow to promote the stock. With Trump frequently threatening tariffs and attempting to influence Fed interest rate policy, market conditions and sentiment are more unpredictable than ever.

Preparation for the Largest IPO in History

SpaceX has lined up Bank of America, Goldman Sachs, JPMorgan, and Morgan Stanley as lead underwriters for the blockbuster deal. According to sources, Chief Financial Officer Bret Johnsen has been meeting with existing private investors through talks and video conferences since mid-December last year, exploring the possibility of an IPO in mid-2026.

Sources caution that all data remain preliminary and subject to change. But if all goes as planned, the filing would far surpass Saudi Aramco’s IPO fundraising record. Demand from institutional and retail investors is expected to be huge, as they previously had no access to SpaceX stock due to the company’s private status.

Last December, SpaceX negotiated a private equity sale at an $800 billion valuation—more than double its prior valuation of nearly $400 billion.

Musk’s Characteristic Decision-Making Style

Sources reveal Musk’s motivation for pushing for an IPO is the company’s need for more funds to develop the Starship rocket system aimed at reaching Mars. SpaceX has told investors it is working on technology to deploy data centers in space—connected via its network of 9,400 Starlink satellites—which Musk sees as vital for his business group to compete with rivals like Google and OpenAI in AI.

This strategy highlights Musk’s ambition for a tightly integrated business empire. Last year, SpaceX invested $2 billion into xAI, another private company under Musk. In March, Musk merged xAI with the social media platform X. The billionaire has also stated that he hopes his electric car-maker Tesla will invest in xAI.

The IPO timing again demonstrates how Musk incorporates his personal convictions and priorities into big business decisions. At SpaceX, major decisions from ambitious production targets to unconventional management practices reflect the billionaire’s personal will.

This month, after arguing on social media with Ryanair over its planes buying Starlink internet service, Musk threatened to acquire the budget airline and replace CEO Michael O'Leary with someone named Ryan. Such half-joking remarks have become a signature Musk style.

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