Overview
- SpaceX has begun talks with investment banks about a potential listing window around June or July 2026, though the timing could slip based on market conditions.
- Reporting diverges on scale, with Reuters citing a raise of more than $25 billion at over a $1 trillion valuation and Bloomberg pointing to roughly $30 billion at about $1.5 trillion, which would top Saudi Aramco’s 2019 record if achieved.
- Financial projections cited by multiple outlets put revenue near $15 billion in 2025 and $22–$24 billion in 2026, driven largely by Starlink, including direct-to-cell plans.
- A recent secondary sale reportedly priced shares near $420 and allowed about $2 billion in employee liquidity, implying an $800 billion-plus private value that Elon Musk publicly called inaccurate.
- Sources say proceeds could fund space-based data centers and related chip purchases, and Musk’s brief acknowledgement of commentary on X added to speculation, but SpaceX has not confirmed IPO terms.