Elon Musk’s SpaceX Prepares for Record-Breaking IPO Next Month

Elon Musk’s SpaceX Prepares for Record-Breaking IPO Next Month

From Headlines From The Times by LA Times Studios

May 22, 2026 · 3 min

About this episode

The episode discusses SpaceX's upcoming IPO and other significant media industry news.

SpaceX, Elon Musk's rocket and space company is preparing to go public next month in what could become the biggest IPO to hit Wall Street. New filings reveal a sky-high projection that values the company at just over $1 trillion and estimates the offering could raise between $50 and $75 billion when shares hit the market in June. If it does, the SpaceX IPO would shatter the current record held by Saudi Aramco or the Saudi Arabian Oil Company, which raised about $26 billion in 2019. Meanwhile, James Murdoch is buying half of Vox Media for more than $300 million, with the deal including their podcast network, Vox.com, and New York Magazine. And tonight will be the final night of “The Late Show With Stephen Colbert.” In 2015, Colbert took over from David Letterman, the first and only host of CBS's “The Late Show,” and for most of Colbert’s time with the show, he was the highest-rated late-night host.

Topics covered

  • SpaceX IPO
  • Elon Musk
  • Vox Media acquisition
  • The Late Show
  • James Murdoch
  • Wall Street

Keywords

  • SpaceX
  • IPO
  • Elon Musk
  • James Murdoch
  • Vox Media
  • The Late Show
  • Stephen Colbert

Mentioned in this episode

Organizations: SpaceX, Saudi Aramco, Vox Media

Books & works: The Late Show With Stephen Colbert

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