SpaceX Plans Historic IPO With Potential $1.5 Trillion Valuation

SpaceX is preparing an initial public offering in 2026 that could raise well over $30 billion, potentially making it the largest IPO in history, according to Bloomberg’s sources familiar with the discussions.

The company, led by Elon Musk, is targeting a valuation of roughly $1.5 trillion. If the deal proceeds as planned, it would surpass the current record set by Saudi Aramco, which raised $29 billion in its 2019 listing.

People close to the matter told Bloomberg that SpaceX and its advisers are aiming for a public listing in the second half of 2026, though the timing remains dependent on market conditions. One source noted the IPO could shift into 2027 if volatility increases.

The accelerated timeline is partly driven by the rapid commercial success of Starlink, SpaceX’s fast-growing satellite internet business. The service is expanding globally, and the company has highlighted plans to enable direct-to-mobile connectivity. Alongside Starlink, SpaceX continues to invest in its deep-space ambitions through the Starship rocket program, intended for lunar and Mars missions.

Bloomberg also reported that SpaceX intends to channel IPO proceeds into building space-based data centres and acquiring the chip hardware needed to operate them — an effort aligned with the company’s long-term infrastructure strategy.

The Information previously said the company was preparing for a 2026 listing, while The Wall Street Journal noted that SpaceX has been running a secondary share sale valuing the firm at more than $800 billion. Sources added that SpaceX is selling stock at around $420 per share. At that valuation, a 5% sale during the IPO could raise approximately $40 billion.

SpaceX’s revenue is projected to reach about $15 billion in 2025, rising to $22–24 billion in 2026, with Starlink contributing the bulk of sales, according to Bloomberg’s reporting.