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Musk Signals SpaceX IPO Targeted for 2026 at $1 Trillion-Plus Valuation

The company points to surging Starlink revenue as it explores raising $25–30 billion to fund space-based data centers and AI hardware.

Overview

  • Elon Musk validated reporting on a SpaceX listing by replying "As usual, Eric is accurate" to an Ars Technica analysis outlining the plan.
  • Bloomberg and Reuters report SpaceX is working toward a mid-to-late 2026 offering that could raise more than $25–30 billion and value the company above $1 trillion, with timing that could slip into 2027.
  • Recent secondary trades around $420 per share imply a private valuation above $800 billion, offering context for a potential public-market pricing.
  • Starlink remains the growth engine, with more than 6 million customers and roughly 10,000 satellites, a direct-to-cell service now active in Canada, and regulatory clearance nearing in India, according to recent filings and reports.
  • Reports say proceeds would help build space-based data centers and buy AI chips, while analysts flag risks from SpaceX’s R&D-heavy Starship and Mars ambitions and the uncertainties around valuation and new markets.