SpaceX Prepares for $800 Billion IPO in 2026

SpaceX has announced plans for an initial public offering in 2026, potentially valuing the company at around $800 billion. According to a letter from Chief Financial Officer Bret Johnsen, the company is preparing for a public offering that could raise significant capital for its ambitious projects, including the Starship rocket and space-based data centers.

The insider share sale indicates a price of $421 per share, nearly doubling the previous valuation, and if successful, would make SpaceX the world's most valuable private company, surpassing OpenAI's $500 billion valuation.

Elon Musk has hinted that the public offering could target valuations of up to $1.5 trillion, which would significantly boost his personal fortune and could make him an instant trillionaire. The IPO could also raise over $30 billion, potentially making it one of the largest public listings in history, rivalling the record set by Saudi Aramco in 2019.

Musk's decision to take SpaceX public marks a notable shift, as he has historically resisted public scrutiny, preferring to keep the company private. This move comes as SpaceX leads the industry in launches and satellite internet services through its Starlink system, which serves millions of customers.

Furthermore, the IPO could be influenced by the evolving landscape of artificial intelligence and Musk's interest in integrating these technologies with space operations, particularly in establishing a lunar base and advancing interplanetary travel.