SpaceX is considering an initial public offering (IPO), which could lead to a record-breaking valuation. According to a recent report from Bloomberg, the company may aim to go public in mid-to-late 2026, seeking to raise about $30 billion with an overall valuation of $1.5 trillion.
This isn’t the first time the idea of an IPO has emerged. CEO Elon Musk had previously dismissed other rumors about fundraising, revealing a cautious outlook on the public market. Just last week, he stated, “There has been a lot of press claiming SpaceX is raising money at $800B, which is not accurate.” Musk emphasized that the company has been profitable for years and engages in stock buybacks to provide liquidity to employees and investors.
Musk has weighed the pros and cons of going public. He acknowledged the pressures of quarterly reporting and legal risks that come with being a public company. However, he also expressed a desire for Tesla shareholders to have access to SpaceX’s stock.
History shows Musk has long been wary of taking SpaceX public, citing how it could interfere with bigger ambitions, like colonizing Mars. Yet many in the investment community, including renowned investor Ron Baron, view SpaceX as a long-term opportunity. Baron has highlighted his sizable investment in SpaceX, predicting significant returns.
A major factor driving SpaceX’s value is Starlink, their satellite internet service, which accounts for 60-70% of their revenue. Launch services, like Falcon 9 contracts, and the ongoing development of the Starship spacecraft, also contribute to the company’s worth.
As of now, Musk has not commented on the latest IPO report, but the buzz around SpaceX continues to grow. With more people showing interest in investing, it will be interesting to see how this situation unfolds.
For more details, you can check out the original Bloomberg report here.
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