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SpaceX Eyes $1.75T Valuation in $75B IPO | KeepTrack X Report
SpaceX targets a $75B IPO valuing the company at over $1.75 trillion, while Falcon 9 chases its 200th drone ship landing at Vandenberg.

Latest Developments
SpaceX is preparing to make financial history with a planned IPO targeting at least $75 billion in new capital, which would peg the company’s valuation north of $1.75 trillion and reshape how the space industry is funded for years to come. On the operational side, the company is pressing ahead with its relentless Starlink launch cadence: a Falcon 9 out of Vandenberg is targeting a milestone 200th drone ship landing during the Starlink 17-47 mission carrying 24 satellites. A separate Cape Canaveral launch of 29 Starlink satellites on the Starlink 10-43 mission was scrubbed by poor weather and rescheduled to no earlier than June 4. With 10,513 satellites actively working across the constellation — out of 10,529 in orbit and 12,162 launched to date — SpaceX continues to operate the largest active satellite network in history even as it pursues unprecedented capital markets territory.
Space Safety
The current Starlink conjunction threat picture shows seven moderate-risk events clustered primarily around early June 2026, with the highest-risk conjunction involving STARLINK-6258 and STARLINK-30487 on June 6 at 06:40 UTC carrying a 41.84% collision probability despite a 22-meter minimum approach distance. Notably, there are no HIGH-risk conjunctions in the current dataset, though the moderate-risk events warrant continued monitoring given the operational status of most involved satellites and the relatively tight approach geometries. Concurrent with these conjunction risks, three Starlink satellites are currently predicted for reentry between June 3-6, 2026, adding to the overall space traffic management complexity during this period.
| Risk | Starlink Sat | Other Object | Status | Min Range (km) | Rel Speed (km/s) | Max Prob | Time of Closest Approach |
|---|---|---|---|---|---|---|---|
| MODERATE | STARLINK-6258 | STARLINK-30487 | Partially Operational | 0.022 | 9.82 | 0.4184 | Jun 6, 06:40 UTC |
| MODERATE | STARLINK-33999 | LEMUR-2-FURIAUS | Operational | 0.013 | 8.137 | 0.3838 | Jun 6, 09:26 UTC |
| MODERATE | STARLINK-1168 | STARLINK-35164 | Operational | 0.026 | 1.383 | 0.3482 | Jun 6, 04:56 UTC |
| MODERATE | STARLINK-3352 | STARLINK-32700 | Operational | 0.033 | 10.43 | 0.2275 | Jun 3, 02:07 UTC |
| MODERATE | STARLINK-3124 | CZ-4B DEB | Non-operational | 0.028 | 6.004 | 0.127 | Jun 3, 17:10 UTC |
| MODERATE | STARLINK-31972 | IRIS-F3 | Operational | 0.029 | 7.854 | 0.1181 | Jun 4, 09:53 UTC |
| MODERATE | STARLINK-35328 | CZ-6A R/B | Non-operational | 0.021 | 14.86 | 0.1181 | Jun 4, 19:04 UTC |
| LOW | STARLINK-34172 | OBJECT C | Operational | 0.024 | 14.721 | 0.09041 | Jun 5, 05:35 UTC |
| LOW | STARLINK-31808 | SL-4 DEB | Non-operational | 0.03 | 12.955 | 0.08134 | Jun 2, 12:01 UTC |
| LOW | STARLINK-37441 | HAWK-13C | Operational | 0.04 | 2.006 | 0.07178 | Jun 3, 15:23 UTC |
| Satellite | NORAD ID | Predicted Decay | Window (min) | Inclination | Lat | Lon |
|---|---|---|---|---|---|---|
| STARLINK-5384 | 54836 | Jun 3, 21:05 UTC | 1 | 43° | -40.2° | 58.7° |
| STARLINK-1993 | 47588 | Jun 4, 21:04 UTC | 300 | 53° | 52.7° | 150.3° |
| STARLINK-3729 | 52135 | Jun 6, 21:13 UTC | 840 | 53.2° | -51.2° | 43.6° |
Detailed Coverage
SpaceX Sets Sights on $75 Billion IPO at $1.75 Trillion Valuation
SpaceX is moving toward an initial public offering that would raise a minimum of $75 billion, according to reporting from SpaceNews, which would place the company’s market capitalization above $1.75 trillion. If confirmed, this would make SpaceX one of the most valuable companies ever to go public, surpassing most of the Fortune 500 and rivaling the largest technology firms on the planet.
The scale of the IPO reflects SpaceX’s dominance across launch services, the Starlink broadband constellation, and its long-term ambitions for Mars colonization via Starship. Investors would be buying into a vertically integrated aerospace empire — one that already commands the majority of global commercial launch market share and operates more active satellites than any other entity on Earth. The timing and structure of the offering remain subject to market conditions, but the announcement signals that SpaceX leadership sees the financial environment as favorable for a public debut.
Read the full story: SpaceNews
Falcon 9 Targets Historic 200th Drone Ship Landing in Vandenberg Starlink Mission
The Starlink 17-47 mission launched 24 Starlink satellites aboard a Falcon 9 from Space Launch Complex 4E at Vandenberg Space Force Base, with liftoff scheduled for 8:40:39 a.m. PDT. The mission carried a milestone beyond its payload: SpaceX aimed for its 200th successful landing aboard the drone ship Of Course I Still Love You, stationed in the Pacific Ocean downrange of Vandenberg.
Drone ship landings have become so routine in SpaceX operations that it can be easy to lose sight of the engineering achievement they represent. Reaching 200 recoveries on a single named vessel underscores how reusability has transformed the economics of orbital access — each recovered booster represents millions of dollars saved and reused, directly enabling the aggressive cadence that has pushed the Starlink constellation past 10,500 operational satellites. Tracking assets watching this flight would have observed the familiar boostback burn, entry burn, and landing sequence play out in real time over the Pacific.
Read the full story: Spaceflight Now
Weather Grounds Starlink 10-43 Mission at Cape Canaveral, Delays 29-Satellite Launch to June 4
Poor weather at Cape Canaveral Space Force Station forced SpaceX to scrub the Starlink 10-43 launch, which had been targeting a north-easterly trajectory from Pad 40 carrying 29 Starlink satellites. The mission was rescheduled to no earlier than June 4, with a launch window opening at 4:00 a.m. EDT (0800 UTC).
Weather scrubs remain one of the few variables outside SpaceX’s control, and Florida’s atmospheric conditions — particularly during early summer — can produce rapid deterioration that violates flight rules even when skies appear marginal rather than severe. The north-easterly trajectory suggests this batch is destined for a high-inclination orbital shell, consistent with SpaceX’s ongoing effort to fill coverage gaps at higher latitudes where Starlink demand from maritime, aviation, and government users continues to grow. Once launched, these 29 satellites will join a constellation that already has 10,513 working birds maintaining global broadband coverage.
Read the full story: Spaceflight Now
Constellation Status
There have been no changes to the Starlink constellation since the last check. As of the latest update, SpaceX has launched 12,162 Starlink satellites, with 10,529 currently in orbit, 10,513 of which are operational, while 1,633 have decayed from orbit.
- Total Launched: 12162
- Total On Orbit: 10529
- Total Working: 10513
Track Starlink satellites in real-time: Track Starlink
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