The roadshow for the offering is scheduled to commence this Thursday, marking a pivotal moment for Elon Musk’s aerospace venture. While the company has held preliminary discussions with potential backers to gauge interest, sources familiar with the matter emphasize that these figures remain subject to change as the formal meetings progress.

Should the valuation hold, the offering would stand as a rare opportunity for public investors to gain a stake in Musk’s vision for satellite communications, artificial intelligence, and space exploration. The IPO is expected to be structured as an all-primary offering, ensuring that all proceeds flow directly into the company’s coffers to fuel its ongoing operations and development projects rather than providing an exit for existing shareholders. SpaceX has declined to comment on the reported plans.