Summary of this article
SpaceX plans 2026 IPO at $800 billion valuation
Insider share sale signals potential $1.50 trillion goal
Falcon 9 dominance drives record breaking private valuation
Elon Musk’s SpaceX is preparing for an initial public offering (IPO) in 2026, with an insider share sale which will value the company at around $800 billion. The IPO, which would be aimed at funding an “insane flight rate” for its developmental Starship rocket, artificial intelligence data centres in space and a base on the moon, could be the largest public offering of all time. If the IPO comes through, it could make Elon Musk the richest man in the world and the first trillionaire, as well
SpaceX is targeting a valuation of about $1.50 trillion. The latest secondary offering is valued at $421 per share, as SpaceX chief financial officer Bret Johnsen had shared in an earlier memo to shareholders, according to a Bloomberg report. This was nearly double the $212 per share of $400 billion valuation set by the company in July this year.
At $800 billion, the valuation beats the previous record of $500 billion that OpenAI, owner of Chat GPT, set in October earlier. The $1.50 trillion valuation would leave SpaceX around similar market value of Saudi Aramco during its 2019 listing at a record valuation. The timing of the IPO and the corresponding valuation is, however, uncertain.
SpaceX, considered the most successful rocket launcher in the world, rules the space sector with its Falcon 9 rocket, which launches people and satellites into orbit. Twice a year, the corporation conducts tender offers that allow shareholders, including employees, to cash in or purchase additional shares. In this instance, SpaceX has determined its fair market valuation in advance of its initial public offering.
