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SpaceX Prepares 2026 IPO, Targeting $25–$30 Billion at Trillion‑Plus Valuation

Starlink’s rapid growth drives the move, with proceeds reportedly earmarked for space‑based data centers.

Overview

  • Multiple outlets report SpaceX is in talks with banks for a June–July 2026 listing window, though timing could shift with markets.
  • Estimates vary on size and value, from raising more than $25 billion at over $1 trillion to significantly above $30 billion at about $1.5 trillion.
  • Elon Musk signaled the reports were accurate by replying to an Ars Technica editor’s post, though the company has not filed to go public.
  • A recent secondary sale priced near $420 per share enabled roughly $2 billion in employee liquidity, implying a private valuation above $800 billion.
  • Reports cite 2026 revenue of $22–$24 billion largely from Starlink, with some IPO proceeds expected to fund space‑based data centers and chip purchases.