SpaceX Targets $1.5 Trillion Valuation in Historic 2026 IPO Plan
Elon Musk's SpaceX has set an $800 billion valuation through an insider share sale at $421 per share, doubling its July 2024 valuation. The space exploration company confirmed preparations for what could become the largest public offering in history, targeting a $1.5 trillion valuation that WOULD rival Saudi Aramco's 2019 record.
Proceeds from the anticipated 2026 listing would fund ambitious projects including Starship rocket development, lunar infrastructure, and orbital AI data centers. CFO Bret Johnsen disclosed the plans in a company-wide memo Friday, following a secondary share offering that establishes SpaceX as the world's most valuable private company.