SpaceX Aims for Historic $800 Billion IPO in 2026, Shattering Market Records
Elon Musk's SpaceX is plotting a financial moonshot—an initial public offering that could redefine the very scale of public markets.
The $800 Billion Question
Forget the usual tech unicorn valuations. SpaceX's targeted $800 billion price tag would instantly place it among the world's most valuable public companies, a stratospheric leap that makes even the largest traditional IPOs look like small-scale test flights. It's a number that demands Wall Street reconsider its entire playbook for valuing ambition.
Engineering Public Markets
The move isn't just about raising capital; it's about constructing a new financial architecture. By taking its proven, disruptive model from private funding rounds to the public arena, SpaceX could forge a blueprint for other frontier-tech giants. The offering would provide unprecedented liquidity for early backers while inviting the world to buy a literal stake in the future of space infrastructure.
Gravity's Pull
Of course, skeptics are already circling. An $800 billion valuation assumes not just flawless execution of complex missions, but also a market appetite that remains ravenous for high-risk, capital-intensive narratives years down the line. It’s the ultimate finance-sector gamble—betting that public investors will share the same irrational exuberance as Silicon Valley's venture elite.
If successful, the 2026 launch won't just be for a rocket. It will be for a new era where the most audacious earthly valuations are reserved for companies aiming beyond it.
TLDR
- SpaceX is conducting an insider share sale at $421 per share, valuing the company at $800 billion
- The company confirmed plans for a possible 2026 IPO that could be the largest public offering ever
- SpaceX is targeting a $1.5 trillion valuation for the IPO, similar to Saudi Aramco’s 2019 record listing
- Funds from the IPO would support Starship rocket development, space-based AI data centers, and a moon base
- The new valuation doubles SpaceX’s $400 billion valuation from July 2024
SpaceX is moving forward with plans for a public offering in 2026 after setting a new company valuation of $800 billion through an insider share sale. Chief Financial Officer Bret Johnsen shared the news with shareholders in a company memo on Friday.
BREAKING
SpaceX has authorized an insider share sale that values the company at about $800 billion, according to a company message seen by Bloomberg on Friday![]()
The price under discussion for the sale of some employees and investors’ shares is higher than $400 apiece![]()
Do… pic.twitter.com/aK6G3b5hWn
— Ming (@tslaming) December 13, 2025
The rocket and satellite manufacturer owned by Elon Musk set its share price at $421 in the latest secondary offering. This represents almost double the $212 per share price from July when the company was valued at $400 billion.
The new valuation makes SpaceX the world’s most valuable private company. It surpasses the previous record of $500 billion set by OpenAI in October.
SpaceX conducts tender offers twice per year to allow shareholders and employees to buy or sell shares. The company uses these offerings to establish its fair market valuation.
IPO Plans and Funding Goals
The planned 2026 IPO aims to raise more than $30 billion according to earlier reports. SpaceX is targeting a valuation of around $1.5 trillion for the public offering.
This WOULD place SpaceX near the market value that Saudi Aramco achieved during its record-breaking 2019 listing. The IPO would mark the largest public offering in history if completed at that valuation.
Johnsen told shareholders the IPO funds would support several ambitious projects. These include maintaining a high flight rate for the Starship rocket currently in development.
The company also plans to build artificial intelligence data centers in space. Another goal is establishing a base on the moon.
The timing and final valuation remain uncertain according to the memo. SpaceX may choose not to proceed with the public offering.
SpaceX currently dominates the commercial space industry with its Falcon 9 rocket. The vehicle regularly launches satellites and carries astronauts to orbit for NASA and private customers.
The company also leads the satellite internet market through its Starlink service. Starlink operates thousands of satellites in low-Earth orbit and serves millions of customers worldwide.
A SpaceX representative did not respond to requests for comment on the IPO plans. The company formally known as Space Exploration Technologies Corp continues to operate as a private entity.