SpaceX is reportedly preparing to enter the stock market and raise more than $30 billion before the end of 2026. According to a report from Bloomberg, the Elon Musk’s space company aims for a $1.5 trillion valuation at the time of the IPO.
Although Bloomberg didn’t name its source, citing confidentiality, the information might mean the space company is adjusting earlier plans to spin off its Starlink satellite unit. Instead, the focus now appears to be on listing the core SpaceX business.
If the plan succeeds, it would be the largest IPO ever, overtaking Saudi Aramco’s 2019 listing that raised $29 billion.
The Information first reported that the rocket and satellite company was targeting a late-2026 IPO, just days before Bloomberg’s report. This might mean that internal preparations are already underway.
On a different note,last week The Wall Street Journal that SpaceX has been carrying out a recent secondary share sale for employees. SpaceX’s Chief Financial Officer reportedly Bret Johnson spoke to investors about an upcoming secondary share sale, also known as a tender offer. However, Elon Musk later commented that the report was “not accurate.”
That reported deal valued the company at roughly $ 800 billion or more. Employees are said to be selling about 2 billion dollars’ worth of shares at 420 dollars per share.
