SpaceX, Elon Musk’s commercial space company, is reportedly planning to go public in mid-to-late 2026.
Media reports say the privately held company known for its Starlink satellites that provide internet connections on Earth, is looking to raise $30 billion U.S. at a $1.5 trillion U.S. valuation.
That would make SpaceX the largest initial public offering (IPO) of all time, edging out Saudi Aramco’s public listing in 2019, which brought in $29 billion U.S.
It would also be a reversal for SpaceX, which had considered spinning off its Starlink satellite division in an initial public offering (IPO) while keeping the main company private.
News of the late 2026 IPO comes after SpaceX recently engaged in a new secondary share sale that pegged the company’s valuation at $800 billion U.S.
The secondary share sale allowed employees of SpaceX to sell $2 billion U.S. worth of company stock to outside investors at a price of $420 U.S. per share.
In addition to SpaceX, Elon Musk is the founder and CEO of electric vehicle (EV) manufacturer Tesla (TSLA). The stock of Tesla has gained 17% this year to trade at $445.26 U.S. per share.
