A bid by individual investors to grab a sliver of SpaceX before it goes public has propelled a niche ETF into the spotlight, highlighting retail euphoria over Elon Musk’s business empire and the scramble for private-company exposure.

SpaceX has authorized an insider share sale that values Elon Musk's rocket and satellite maker at about $800 billion, according to a company message seen by Bloomberg on Dec. 12.

Reports of a SpaceX public listing boost partner and investor stocks as the company prepares to pitch banks and target a $1.5 trillion valuation.

SpaceX has told its employees the company is entering a regulatory quiet period, people familiar with the matter said, taking the rocket and satellite maker a step closer to an initial public offering slated for 2026.

Elon Musk's SpaceX is eyeing an initial public offering that could be the largest ever, at least partially driven by a plan to launch AI data centers into orbit.

More than 20 years after founding SpaceX, the record-breaking company that transformed the global space industry, Elon Musk is planning to take the enterprise public.

In its aggregated wisdom, however, it is also far more discerning. This discernment is what SpaceX, Open AI and Anthropic would be trading off for cash. In none of their cases is the trade-off comfortable.

SpaceX’s chief financial officer has confirmed the company is considering an initial public offering as soon as next year.

The ERShares Private-Public Crossover ETF (ticker XOVR) has taken in more than $470 million since December 8 — more than half its total assets

The U.S. IPO market is picking up momentum after several years of relative quiet, and bankers are optimistic headed into 2026 with or without the possible blockbuster listing by SpaceX. Write to Corrie Driebusch at [email protected]