Overview
- Reuters and Bloomberg report SpaceX has begun talks with banks for a June–July 2026 listing window that could slip to 2027.
- The offering is said to target raising more than $25–30 billion at a valuation above $1 trillion, potentially reaching $1.5 trillion and eclipsing Saudi Aramco’s $29 billion IPO record.
- A concurrent secondary sale reportedly lets employees sell roughly $2 billion of stock at about $420 per share, implying a private valuation above $800 billion.
- Proceeds would partly fund space-based data centers and purchases of specialized chips for those facilities, according to the reports.
- Forecasts cited by outlets project about $15 billion in revenue for 2025 and $22–24 billion in 2026, driven largely by Starlink, as Elon Musk separately disputes some reported valuation figures and notes SpaceX is cash-flow positive.