SpaceX reportedly planning 2026 IPO with $1.5T valuation target

SpaceX is reportedly preparing for a public offering in mid-to-late 2026 and aims to raise $30 billion at an estimated valuation of around $1.5 trillion, according to a Bloomberg News report citing multiple unnamed sources.

If achieved, it would mark the largest IPO in history, surpassing Saudi Aramco’s 2019 listing, which raised $29 billion. The move would also represent a strategic shift for SpaceX, which had previously considered taking its Starlink satellite division public while keeping the core company private.

Bloomberg’s report follows earlier coverage from The Information, which first reported that Elon Musk’s aerospace company was targeting a late-2026 IPO.

Additionally, The Wall Street Journal recently reported that SpaceX was conducting another secondary share sale for employees, indicating a current valuation of nearly $800 billion. Bloomberg now reports that SpaceX has “firmed up” this secondary sale in recent days and that the updated valuation exceeds $800 billion. Employees will reportedly be permitted to sell approximately $2 billion in shares at $420 per share.

This story has been updated to reflect a headline correction from $1.5B to $1.5T.