SpaceX reportedly planning 2026 IPO with $1.5B valuation target

SpaceX is gearing up for a highly anticipated public offering, aiming for mid to late 2026, with aspirations to secure an impressive $30 billion at a staggering valuation of approximately $1.5 trillion. This potential IPO, as reported by Bloomberg News citing multiple anonymous sources, could set a new record for the largest IPO in history, surpassing Saudi Aramco’s 2019 offering which raised $29 billion. Interestingly, this move marks a shift in strategy for SpaceX, which had previously contemplated spinning off its Starlink division for a separate IPO while keeping the main company private. The timing of this announcement closely follows a report from The Information, which first indicated that Elon Musk's aerospace venture was targeting a late 2026 public launch. Moreover, The Wall Street Journal recently highlighted SpaceX’s involvement in a secondary share sale for employees, valuing the company at around $800 million. However, Bloomberg's latest insights suggest that the valuation has been updated, indicating a firm valuation above the $800 million mark. Employees will have the opportunity to sell approximately $2 billion worth of shares at a price of $420 each, further illustrating the company’s growth and strategic financial maneuvers.