Elon Musk said he is not selling any SpaceX shares as the company prepares to file publicly for its initial public offering (IPO) as soon as May 20, 2026. "I'm not selling any shares," Musk stated, emphasizing his continued commitment to the company [1, 2, 3, 4].

SpaceX has already filed confidentially with regulators and is seeking to raise up to $75 billion with a valuation above $2 trillion, potentially the largest IPO ever to date [2, 3]. The company’s shareholders received notification on May 15, 2026, of a 5-for-1 stock split, which lowers the fair market value per share from about $526.59 to approximately $105.32 [2, 3].

The stock split aims to boost liquidity ahead of the public listing and position the shares for a wider range of investors. SpaceX plans to begin its formal IPO roadshow marketing on June 4, 2026, set the IPO price on June 11, and list the stock on a public exchange on June 12 [2, 3].

Musk’s assurance that he will not divest any shares comes at a critical moment for the private aerospace firm as it travels through the final stages before its market debut. Investors and analysts will watch closely as SpaceX seeks to secure record fundraising and lock in a valuation that reflects its status in the commercial space industry.