**SpaceX Plans Historic IPO Aiming to Raise Over $30 Billion**
SpaceX is advancing its plans for an initial public offering (IPO) that could raise significantly more than $30 billion, according to sources familiar with the situation. This move would position SpaceX to achieve the largest IPO in history. Led by Elon Musk, the company is targeting a valuation of approximately $1.5 trillion, which would place it close to the market value established by Saudi Aramco during its record-setting IPO in 2019, where the oil giant raised $29 billion.
Insiders indicate that SpaceX’s management and advisors are aiming for a listing as early as mid-to-late 2026, although this timeline may shift depending on market conditions and other factors, with some suggesting it could extend into 2027. A representative from SpaceX has not yet commented on the matter.
Recent reports have highlighted that SpaceX is exploring the possibility of an IPO as soon as late next year. In recent days, Musk and the company’s board have made significant progress on the listing and fundraising strategies, including hiring for key positions and planning the allocation of raised capital, as they finalize their latest insider share sale.
The company’s rapid path to public markets is partly driven by the success of its Starlink satellite internet service, which is expected to expand into a direct-to-mobile business, alongside the development of its Starship rocket for lunar and Martian missions. Projections suggest that SpaceX could generate around $15 billion in revenue by 2025, increasing to between $22 billion and $24 billion in 2026, primarily from Starlink sales.
SpaceX plans to allocate a portion of the funds raised from the IPO to develop space-based data centers, including acquiring necessary chips, a concept Musk has shown interest in during recent events.
In the current secondary offering, SpaceX has set a share price of approximately $420, raising its valuation above the previously reported $800 billion. The company is allowing employees to sell around $2 billion worth of stock while also participating in buying back some shares. This valuation strategy aims to establish a fair market value ahead of the IPO.
Musk has stated that SpaceX has been cash-flow positive for several years and conducts periodic stock buybacks to provide liquidity for employees and investors. He noted that valuation increments are influenced by advancements with Starship and Starlink, as well as securing global direct-to-cell spectrum, which significantly expands their addressable market.
**FAQ**
**What is the expected valuation of SpaceX during its IPO?**
SpaceX is targeting a valuation of approximately $1.5 trillion for its IPO, which would make it one of the largest listings in history.
