• Elon Musk’s SpaceX plans a USD 30B raise and IPO that could value the company at USD 1.5T by 2026.
• Growth in Starlink, direct-to-mobile services, and Starship rockets are driving SpaceX’s path toward a high-profile public listing.
• IPO funds will support space-based data centers, chip purchases, and employee stock sales, with 2026 revenue projected up to USD 24B.

SpaceX

Elon Musk’s SpaceX is reportedly planning to raise USD 30 billion next year. It is also planning an IPO that could value the company at USD 1.5 trillion.

Bloomberg reports that the space company’s management and advisors are pursuing a listing by mid-to-late 2026. Moreover, the exact timing is yet to be announced due to its confidentiality. Additionally, the company’s board of directors has plans for the listing and fundraising, and how it will be used. 

The company’s path to public listing is driven by the growth of its Starlink satellite internet service. It is also being paved by the promise of a direct-to-mobile business, and the development of its Starship moon and Mars rocket.

IPO

According to Bloomberg’s sources, the company expects to generate around USD 15 billion in revenue in 2025. It also projects to increase this between USD 22 billion and USD 24 billion in 2026.

The space company plans to use some of the funds raised in the IPO to develop space-based data centers. This includes purchasing the chips required to run these centers. 

In the current secondary offering, SpaceX’s per-share price is around USD 420, making its valuation above the reported USD 800 billion. According to Bloomberg’s sources, the company is currently allowing employees to sell about USD 2 billion worth of stock. 

The ability to sell public shares is an opportunity to increase cash flow into the company, which clearly has expensive ambitions. Additionally, a publicly traded company could mean Musk could more easily borrow against the value of his stake.