SpaceX’s highly anticipated initial public offering (IPO) seems to be gaining momentum as the company reportedly lines up major Wall Street banks for leading roles in the potential listing. According to a report from the Financial Times, Bank of America, Goldman Sachs, JPMorgan Chase, and Morgan Stanley are being considered for senior roles on the offering, signaling the seriousness and complexity of the IPO process.
Elon Musk, founder of SpaceX, confirmed last month that the company is indeed moving towards an IPO, putting an end to years of speculation. This announcement came shortly after reports surfaced about SpaceX exploring a secondary share sale that would value the company at a staggering $800 billion, making it the most valuable private company in the world. While Musk denied the funding round rumors, he did not dispute the eye-popping valuation.
The renewed IPO talks come at a time when SpaceX is experiencing significant success across its various ventures. The company recently concluded its most successful year in terms of launches, solidifying Falcon 9 as a dominant player in the global launch industry. Additionally, Starlink, SpaceX’s satellite internet service, has been rapidly expanding, doubling its user base in 2025 and entering new markets globally. Musk has highlighted Starlink as the company’s largest revenue source, which is crucial for potential investors seeking stable cash flow and ambitious long-term growth opportunities.
In addition to its satellite internet services, SpaceX is also gearing up to launch “Starlink Mobile,” a direct-to-phone satellite service. The company has outlined plans for a second-generation cellular Starlink constellation in 2027, promising significant performance enhancements. Musk’s interest in AI data centers in space further emphasizes SpaceX’s evolution from a pure launch company to a comprehensive space infrastructure powerhouse.
Should SpaceX proceed with its IPO, it is expected to be one of the most highly anticipated listings in recent years, potentially reshaping how the space economy is valued on Wall Street. The company’s diverse portfolio of successful ventures and ambitious future plans position it as a key player in the rapidly evolving space industry.