SpaceX Targets 2026 IPO, Aims to Launch Over $30 Billion in Capital

Elon Musk's SpaceX is gearing up for a blockbuster public debut—and it's not just aiming for the stars.

The $30 Billion Countdown

Forget moonshots; this is about market shots. The company is plotting a 2026 IPO that could inject over $30 billion into its coffers, a figure that makes most tech unicorns look like garage startups. It's a capital raise on a rocket-fueled scale.

More Than a Launchpad

The move signals a seismic shift. It’s not just about funding more Falcon rockets or Starship prototypes. It’s about transforming a private space pioneer into a publicly traded behemoth, opening its ledgers and its long-term Martian ambitions to Wall Street's relentless scrutiny.

The Investor Orbit

Public markets will finally get a ticket to the ride early backers have enjoyed for years. Expect frenzy. Expect hype. Expect valuation models that stretch the gravity of traditional finance—after all, how do you price a multi-planetary insurance policy?

The final frontier? Convincing shareholders that the road to Mars has a clear, profitable exit—and isn't just another lofty promise that burns cash faster than a booster on re-entry. Somewhere, a venture capitalist is already calculating the ROI on a condo in Copernicus Crater.

More on the IPO and What $30B Will Accomplish

Per the unnamed sources close to the IPO deal, SpaceX expects to use some of the funds raised to develop space-based data centers, including purchasing the chips required to run them. This aligns with the concept Musk expressed interest in during a recent event appearance with Baron Capital. In the current secondary offering, SpaceX has set a per-share price of around $420, putting its valuation above $800 billion. Furthermore, the company is expected to make around $15 billion in revenue in 2025, increasing to between $22 billion and $24 billion in 2026, with the majority coming from Starlink.

“SpaceX has been cash-flow positive for many years and does periodic stock buybacks twice a year to provide liquidity for employees and investors,” Musk said in a post to X on December 6. “Valuation increments are a function of progress with Starship and Starlink and securing global direct-to-cell spectrum that greatly increases our addressable market,” he said.

SpaceX already has several big-name investors in the tech industry. The biggest long-term investors in SpaceX are venture firms like Peter Thiel’s Founder’s Fund, 137 Ventures led by Justin Fishner-Wolfson, and Valor Equity Partners. Fidelity is also a significant investor, as is Alphabet (GOOGL).

Fellow Elon Musk-founded company Tesla (TSLA) saw its stock climb 1.67% on Tuesday.