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Musk Confirms SpaceX to Begin IPO Process, With Reported $1.5 Trillion Target

Proceeds would back Starlink expansion alongside an orbital data‑center push.

Overview

  • Elon Musk said on X that SpaceX will initiate an initial public offering, confirming days of media reports.
  • Outlets citing insiders report a valuation goal near $1.5 trillion and a potential listing window in mid‑to‑late 2026, with a slip to 2027 possible.
  • Reports indicate the offering could raise at least $25–30 billion, with funds earmarked for Starlink growth and space‑based data centers, including chip purchases.
  • Pre‑IPO secondary deals are pricing shares around $420, allowing roughly $2 billion in employee sales as SpaceX conducts buybacks and highlights positive cash flow.
  • Internal forecasts reported by media put revenue near $15 billion in 2025 and $22–24 billion in 2026, largely driven by Starlink, as related aerospace stocks such as EchoStar and Rocket Lab gained on the news.