SpaceX plots 2026 IPO at USD1.5 trillion valuation, possibly biggest ever: Bloomberg
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The news: Elon Musk’s SpaceX is advancing plans for a 2026 initial public offering that would raise well over USD30 billion ($45 billion) and target a valuation of about USD1.5 trillion, Bloomberg reported, citing unnamed sources.
That would make it the largest IPO in history, surpassing the USD29 billion raised by Saudi Aramco in 2019.
The context: The Information first revealed last week that SpaceX was targeting an IPO in the second half of 2026 and conducting a secondary share sale that would value the company at around USD800 billion. Musk has since disputed that valuation on X, calling the reports inaccurate.
Bloomberg quoted sources saying SpaceX is aiming to list the entire company as soon as mid-to-late 2026, though that timeline could slip into 2027 depending on market conditions.
The report added SpaceX plans to use part of the IPO proceeds to develop space-based data centres, including buying the chips required to operate them (an idea Musk reportedly expressed interest in during a recent event with Baron Capital).
SpaceX did not respond to a Bloomberg request for comment.
The sources: Bloomberg, The Information
