SpaceX Plans $1.5 Trillion IPO, Potentially Transforming Tech Landscape

Elon Musk confirmed that reports of SpaceX planning an initial public offering in 2026 are accurate. The news follows an article from Ars Technica's Eric Berger, which discussed the timing of the IPO and highlighted the impact of the rise of artificial intelligence and the potential for data centers in space.

Musk responded on his social media platform X, stating that the valuation of SpaceX at around $800 billion mentioned in other reports was inaccurate. According to CNBC, the IPO could raise more than $30 billion, significantly affecting the tech and investment landscape, particularly in Texas.

Musk clarified that while SpaceX has a fondness for NASA, the agency will account for less than five percent of their revenue next year, with commercial Starlink being the primary revenue driver. SpaceX is poised for a powerful alliance with the government’s space program as they approach the IPO.