Gene Munster Says SpaceX IPO Bottom Line Is: 'This Is A Generational Company' And 'One To Own' For The Next Decade

Gene Munster of Deepwater Asset Management said Wednesday that a SpaceX initial public offering could arrive in "early summer," a view that lines up with January reporting that Elon Musk's rocket and satellite company was weighing a mid-June 2026 listing. Munster Signals Early Summer IPO Window Munster wrote on X that "early summer" is his base-case timeline. His post came a day after The Information reported that SpaceX was aiming to file its IPO prospectus with regulators later this week or next week, citing a person with direct knowledge of the plans. SpaceX IPO roadmap Timing: Early SummerBottom line: Long-term, this is a generational company, and if you have the luxury, one to own for the next decade.The first month will be a gong show between index buying, meme optimism, and lock-up fears. Expect a massive spike out…— Gene Munster (@munster_gene) March 25, 2026 SpaceX Eyes Bigger Raise And Valuation A separate Financial Times report on Wednesday said SpaceX had told investors it hoped to raise roughly $75 billion in the IPO and was targeting a valuation of about $1.75 trillion, sharply above the roughly $50 billion and $1.5 trillion figures discussed earlier this year. Munster said, "The first month will be a gong show between index buying, meme optimism, and lock-up fears. Expect a massive spike out of the gate before a pullback to ~$1.7T." He also said current SpaceX holders, including Deepwater, likely would not benefit from any early index-related buying because of the 180-day lock-up, which he said mainly offers liquidity six months later. "Long-term, this is a generational company, and if you have the luxury, one to own for the next decade," Munster wrote. Space Stocks Jump As IPO Buzz Grows Reuters said the possible listing is landing amid strong investor appetite for space assets, helped by lower launch costs, expanding satellite networks and growing interest in orbital data-center infrastructure. On Wednesday, Rocket Lab Corp (NASDAQ:RKLB) shares rose more than 10%, Planet Labs PBC (NYSE:PL) climbed more than 11% and Tesla Inc (NASDAQ:TSLA), which shares a sizable retail-investor following with SpaceX, edged higher. EchoStar Corp. (NASDAQ:SATS), which holds roughly 3% of SpaceX equity, also jumped 7.43% on Wednesday, adding another 0.57% in after-market hours. Prediction market Polymarket showed traders assigning about a 90% chance that SpaceX goes public by Sept. 30, about a 92% chance by year-end, and roughly even odds that its closing value tops $2 trillion. At that level, it would sit just below Amazon.com Inc. (NASDAQ:AMZN) and above Taiwan Semiconductor Manufacturing Co. Ltd (NYSE:TSM) in global market-cap rankings. Photo Courtesy: Wirestock Creators on Shutterstock.com