SpaceX plans to go public next year with a valuation of over $1 trillion
Elon Musk’s SpaceX is aiming to raise «significantly more» than $30 billion in its initial public offering in 2026, breaking a historic record.
Elon Musk’s SpaceX is aiming to raise «significantly more» than $30 billion in its initial public offering in 2026, breaking a historic record.
Bloomberg reports that SpaceX wants to achieve a valuation of about $1.5 trillion, which would bring it closer to the market value that Saudi Aramco set during its record-breaking IPO in 2019. At that time, the oil company raised $29 billion.
According to insiders, SpaceX plans to go public in mid-to-late 2026. But the timing of the IPO may change depending on the market situation and other factors, and could potentially shift as early as 2027.
The company is expected to generate about $15 billion in revenue in 2025, and $22 to $24 billion in 2026, with the majority of sales coming from Starlink.
SpaceX plans to use part of the funds raised during the IPO to develop space data centers, including the purchase of chips necessary for their operation.
The company has now set a price per share of about $420, which is higher than the previously stated valuation of $800 billion. The company is allowing employees to sell shares worth about $2 billion, and SpaceX will participate in the buyback of some of the shares.
If SpaceX sells 5% of the company at this valuation, it would raise $40 billion, making it the largest IPO of all time, far surpassing Saudi Aramco’s listing for approximately $29 billion in 2019 at a valuation of $1.7 trillion.
Recall that SpaceX previously filed documents with the US Patent and Trademark Office to register the Starlink Mobile brand. The new trademark includes two-way voice, audio, video and data services via satellite and wireless communication.
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