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SpaceX reportedly planning 2026 IPO with $1.5T valuation target
SpaceX is reportedly planning to go public by late 2026, targeting a $30 billion raise and a $1.5 trillion valuation, potentially making it the largest IPO ever. This marks a shift from prior plans to spin off Starlink for an IPO. Recently, the company also engaged in a secondary share sale that valued it at approximately $800 billion.
Key points
- SpaceX aims for a mid-to-late 2026 IPO.
- Targeting to raise $30 billion at a $1.5 trillion valuation.
- Would surpass Saudi Aramco's 2019 IPO, which raised $29 billion.
- SpaceX had considered separating Starlink for an IPO but reversed this decision.
- Recent reports indicated an employee share sale to peg valuation at over $800 billion.
Why it matters
- Historically, the largest IPO was by Saudi Aramco in 2019, raising $29 billion.
- SpaceX's IPO reflects a growing trend of private space companies seeking public funding.
- The rise of space ventures aligns with IT trends, particularly in privatization and digital infrastructure developments for satellite communications.
SpaceX's anticipated IPO could redefine market expectations and reflect the robust growth trajectory of the private space industry, setting a historical benchmark in fundraising.