SpaceX, the renowned aerospace company founded by Elon Musk, is reportedly considering going public with an initial public offering (IPO). According to a recent report from Bloomberg, this IPO could potentially become the largest valuation at the time of availability of all time. While there have been previous rumors about SpaceX going public, Musk has not confirmed or denied these reports yet, which adds credibility to the speculation.
In the past, Musk has addressed similar reports promptly, but this time, he has remained silent. Just a few days ago, Musk took to Twitter to clarify that previous claims of SpaceX raising money at $800 billion were inaccurate. He emphasized that SpaceX has been cash flow positive for many years and does periodic stock buybacks to provide liquidity for employees and investors. Musk also highlighted the importance of progress with Starship and Starlink in increasing the company’s valuation.
Despite Musk’s historical reluctance to take SpaceX public due to concerns about potential barriers to colonizing Mars, he has recently expressed interest in finding a way for Tesla shareholders to participate in SpaceX’s potential IPO. Musk has acknowledged the downsides of being a public company, such as litigation exposure and quarterly reporting pressures, but he also sees the benefits of allowing shareholders to access SpaceX stock.
The Bloomberg report suggests that SpaceX is aiming to go public in mid-to-late 2026, with a target valuation of around $1.5 trillion and a fundraising goal of $30 billion. This potential IPO has been long-awaited by the community, as many have expressed interest in investing in SpaceX. Notable investors like Ron Baron have praised SpaceX as a “lifetime investment,” alongside Tesla.
The main driver of SpaceX’s value is its Starlink satellite internet service, which contributes a significant portion of the company’s revenue. Other revenue streams, such as launch services like Falcon 9 contracts and the development of Starship, also play a crucial role in supporting SpaceX’s overall valuation.
In conclusion, the possibility of SpaceX going public with an IPO represents a significant milestone for the company and its stakeholders. As the space exploration industry continues to evolve, SpaceX’s potential IPO could provide investors with a unique opportunity to be a part of the company’s future growth and innovation.