Elon Musk reportedly wants a June SpaceX IPO to align with his birthday, the planets
Key Details of the Proposed IPO Timing
The billionaire reportedly wants the offering to coincide with both his birthday (June 28th) and the rare alignment of Mercury, Venus, and Jupiter. This alignment is seen as a symbolic event that could enhance the public and media attention around the IPO.
Planetary Conjunction and Birthday Alignment
SpaceX is considering a mid-June IPO when Jupiter and Venus will appear very close together, known as a conjunction. This rare planetary alignment is expected to occur between June 8 and 9, 2026, and will be the first such event in three decades. Musk has proposed that the IPO timing align with this celestial event as well as his birthday on June 28.
Market and Investment Context
Reports suggest that SpaceX is targeting a $1.5 trillion valuation during the IPO. The timing is being viewed as both a symbolic and strategic move to generate significant market interest. The IPO could potentially raise $50 billion, making it one of the largest in history.
Media and Industry Coverage
Multiple outlets including TechCrunch, The Guardian, Bloomberg, and Financial Times have reported on the potential IPO timing. These reports highlight the intersection of personal milestones and astronomical events in Musk’s decision-making process.