Elon Musk's SpaceX plans $50 billion IPO in mid-2026: Report
SpaceX, founded by Elon Musk, is reportedly preparing for an IPO in 2026, possibly as early as mid-2026 (June/July) or later, aiming for a $1.5 trillion valuation.
The company wants to raise $25 billion to $50 billion to boost its Starship rockets, expand Starlink's satellite network, and build out space-based data centers.
SpaceX's revenue and business model
SpaceX builds reusable rockets like Falcon 9 and Starship, runs a global internet service via thousands of Starlink satellites, and handles launches for NASA and other US government customers.
In 2025, it was projected to generate about $15 billion in revenue and has been estimated to exceed $20 billion in 2026.
Proposed IPO could top Saudi Aramco's record debut
A December tender put SpaceX's value at $800 billion, double what it was just five months earlier.
If this IPO lands as planned, it could top Saudi Aramco's record debut from 2019.
The money raised would be used to fund Starship development, Starlink expansion, and proposed space-based data centers.