"SpaceX is planning to go public in mid-to-late 2026 and is looking to raise $30 billion at a valuation of around $1.5 trillion, according to a new report from Bloomberg News citing multiple unidentified sources. That would make it the largest IPO of all time, edging out Saudi Aramco's public listing in 2019, which brought in $29 billion. It would also be a bit of a reversal for SpaceX, which previously considered spinning off its Starlink division for an IPO,"
"The Wall Street Journal also recently broke the news that SpaceX was engaged in another secondary share sale for employees that would peg the company's current valuation at around $800 million. Bloomberg's report says SpaceX has "firmed up" that share sale in recent days and the valuation is above the $800 million figure, with employees being allowed to sell around $2 billion worth of shares at $420 per share."
SpaceX plans to go public in mid-to-late 2026, aiming to raise $30 billion at an approximately $1.5 trillion valuation. That would become the largest IPO ever, surpassing Saudi Aramco's 2019 $29 billion listing. SpaceX previously considered spinning off its Starlink division for an IPO while keeping the main company private. A secondary share sale for employees would peg the company's current valuation at around $800 million, with employees allowed to sell roughly $2 billion of shares at $420 per share. Recent developments have firmed up that employee share sale and indicate the valuation is above the $800 million figure.
Read at TechCrunch
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