SpaceX is making some waves in the investment market as the space company is eying a secondary share sale and a potential initial public offering in 2026.
According to the Wall Street Journal, SpaceX’s Chief Financial Officer Bret Johnson spoke to investors about an upcoming secondary share sale, also known as a tender offer. According to reports, SpaceX is valuing the company at $800B, a 100% increase from its July 2025 valuation of $400B. It remains unclear if the company will reach its lofty valuation, but if it does, it would make SpaceX the most valuable private company in the US, surpassing OpenAI.
On the IPO side, 2026 is shaping up to be a profitable year for companies going public. The last three years saw weak IPO’s becoming the norm, but this summer saw a bounce back with Figma and Circle Internet Group both doing well.
In terms of numbers, SpaceX is in a strong position. The company is expecting to generate around $15.5 B in revenue this year, and this will only increase as Starlink expands with the purchase of the EchoStar spectrum, and Starship nears launch. Plus, SpaceX is a primary contractor for NASA, the Department of Defence and a range of intelligence agencies, providing satellite and launch services for the foreseeable future.
