Elon Musk's SpaceX is reportedly preparing to go public with an initial public offering (IPO) valued at $1.5 trillion, which could be as early as mid-June - around the time of a rare planetary alignment and Musk's 55th birthday.
This valuation would represent a significant increase from previous reports, with some sources suggesting that SpaceX was looking to raise $25 billion, valuing it at $800 billion. The company is currently seeking new investors for its IPO, which could involve Bank of America, JP Morgan, Goldman Sachs, and Morgan Stanley.
The decision to go public comes as SpaceX continues to generate revenue from its various business lines, including the deployment of reusable rockets for satellite launches and the restocking of the International Space Station. The company's Starlink satellite internet service has also proven successful, further fueling investor interest in a potential IPO.
However, analysts have expressed skepticism about the valuation, with Neil Wilson from Saxo Capital Markets describing it as a "monster premium". This, he believes, reflects not only the rapid growth prospects of the space technology sector but also the media hype surrounding Musk's involvement and the growing fortune that would follow a successful flotation.
Despite these concerns, SpaceX has reportedly been in talks with existing private investors since December, exploring the possibility of an IPO. The timing of this move is seen as particularly opportune, given the current rebound in US equity markets and the anticipated significant number of listings in 2026 from companies such as Anthropic and OpenAI.
If successful, a SpaceX IPO would mark one of the largest tech listings in recent history, surpassing even that of Saudi Aramco's $29 billion raise in 2019. However, it will be interesting to see how investors respond to the valuation and whether Musk's vision for the future of space technology aligns with market expectations.
This valuation would represent a significant increase from previous reports, with some sources suggesting that SpaceX was looking to raise $25 billion, valuing it at $800 billion. The company is currently seeking new investors for its IPO, which could involve Bank of America, JP Morgan, Goldman Sachs, and Morgan Stanley.
The decision to go public comes as SpaceX continues to generate revenue from its various business lines, including the deployment of reusable rockets for satellite launches and the restocking of the International Space Station. The company's Starlink satellite internet service has also proven successful, further fueling investor interest in a potential IPO.
However, analysts have expressed skepticism about the valuation, with Neil Wilson from Saxo Capital Markets describing it as a "monster premium". This, he believes, reflects not only the rapid growth prospects of the space technology sector but also the media hype surrounding Musk's involvement and the growing fortune that would follow a successful flotation.
Despite these concerns, SpaceX has reportedly been in talks with existing private investors since December, exploring the possibility of an IPO. The timing of this move is seen as particularly opportune, given the current rebound in US equity markets and the anticipated significant number of listings in 2026 from companies such as Anthropic and OpenAI.
If successful, a SpaceX IPO would mark one of the largest tech listings in recent history, surpassing even that of Saudi Aramco's $29 billion raise in 2019. However, it will be interesting to see how investors respond to the valuation and whether Musk's vision for the future of space technology aligns with market expectations.