Overview
- Reports from Bloomberg and Reuters say SpaceX is planning a mid-to-late 2026 listing to raise roughly $25–$30+ billion at a valuation near $1–$1.5 trillion, which would be the largest IPO on record if achieved.
- The company has begun talks with banks for a potential launch in June or July 2026, though sources caution the timetable could slip into 2027.
- A concurrent tender offer allows employees to sell about $2 billion of shares at roughly $420 each, implying a private valuation above $800 billion.
- Elon Musk publicly disputed some media valuation figures as not accurate and reiterated that SpaceX has been cash-flow positive for years with periodic buybacks.
- Proceeds are reportedly earmarked for space-based data centers and chip purchases, with revenue projected at about $15 billion in 2025 and $22–$24 billion in 2026 largely attributable to Starlink.