SpaceX targets $800B IPO in 2026
SpaceX, Elon Musk's rocket company, is aiming for a massive $800 billion valuation with its full-company IPO planned for the second half of 2026—double its $400 billion value from summer 2025.
If this goes through, SpaceX could become the world's most valuable private company, overtaking OpenAI.
What does SpaceX actually do?
SpaceX launches more rockets than anyone else and runs Starlink, a satellite internet service now used by over 8 million people (as of November 2025).
Starlink brings high-speed internet to homes and even airplanes, teaming up with T-Mobile for mobile coverage.
The company is also building Starship—the biggest rocket ever—for both commercial and NASA missions.
Other key details
Unlike earlier rumors about spinning off Starlink, the 2026 IPO will cover all of SpaceX.
Recently, SpaceX agreed to buy $17 billion worth of wireless spectrum from EchoStar to boost its satellite-to-cellphone network—half paid in cash and half in stock.