SpaceX reportedly planning 2026 IPO with $1.5T valuation target

SpaceX is gearing up for a public offering projected for mid to late 2026, eyeing an ambitious target of raising $30 billion at a staggering valuation of approximately $1.5 trillion. This move could potentially mark the largest initial public offering (IPO) in history, surpassing Saudi Aramco's record-setting $29 billion listing in 2019. This latest development represents a shift in strategy for SpaceX, which had previously contemplated the idea of taking its Starlink division public while keeping the core company private. The information comes shortly after reports indicated that Elon Musk's aerospace venture was aiming for an IPO in late 2026. Additionally, recent updates from The Wall Street Journal revealed that SpaceX is currently involved in a secondary share sale for its employees, valuing the company at around $800 million. However, sources indicate that this valuation has been updated, with reports suggesting it now exceeds the previous figure. In this share sale, employees will have the opportunity to sell approximately $2 billion worth of shares at a price of $420 each. This development underscores SpaceX's ongoing growth and evolving financial strategies as it approaches its landmark IPO.