SpaceX Reportedly Planning 2026 IPO with $1.5T Valuation Target

SpaceX is planning to go public in mid-to-late 2026 and is targeting a $30 billion raise at a valuation of approximately $1.5 trillion, according to a Bloomberg News report citing multiple unidentified sources.

This move would make it the largest IPO in history, surpassing Saudi Aramco’s 2019 public listing, which raised $29 billion. This shift in strategy would also mark a reversal for SpaceX, which had previously considered spinning off its Starlink division for an IPO while keeping the leading company private.

The Bloomberg report came just days after The Information first reported that Elon Musk’s space company was targeting a late-2026 IPO.

In addition, The Wall Street Journal recently reported that SpaceX was conducting another secondary share sale for employees, pegging the company’s current valuation at around $800 billion. Bloomberg’s report states that this share sale has been “firmed up,” with the valuation now above $800 billion. Employees will be allowed to sell approximately $2 billion in shares at $420 per share.

This story has been corrected to reflect a $1.5T valuation target in the headline, not $1.5B.