SpaceX Plans $1.5 Trillion IPO Amid Milestones

Elon Musk's SpaceX is reportedly preparing for an initial public offering, targeting mid to late 2026, with plans to raise around $30 billion at a valuation of approximately $1.5 trillion, according to Bloomberg News.

This potential IPO could mark the largest in history, surpassing the $29 billion raised by Saudi Aramco in 2019. SpaceX has been in discussions with banks about the IPO, which is expected to support its expansion in satellite communications and space-based data centers.

Musk emphasized that valuation increments are linked to progress with projects like Starship and Starlink, the latter contributing significantly to the company's revenue, projected to reach about $15 billion in 2025.

Recently, Musk also clarified that previous reports suggesting an $800 billion valuation were inaccurate, reaffirming SpaceX's consistent cash flow and periodic stock buybacks to provide liquidity for employees and investors.

Discussions about taking SpaceX public come despite Musk's historical reluctance, citing potential downsides of public company status, including litigation exposure and pressure from quarterly reporting.

However, he has expressed interest in finding a way for Tesla shareholders to participate in SpaceX stock.