SpaceX may soon make its long-awaited entry into the stock market, according to Bloomberg. The company is reportedly targeting a public listing in mid-to-late 2026 and plans to raise roughly $30 billion.
The move could value the Elon Musk company at about $1.5 trillion, making it the biggest IPO ever and larger than Saudi Aramco’s $29 billion record listing in 2019.
It would mark a change in direction. Earlier, SpaceX had considered listing only its Starlink satellite business while keeping the core space company private. Now, it appears the entire company may head to the public markets.
At the same time, SpaceX is moving forward with another employee stock purchase plan. Staff can sell about $2 billion worth of shares at $420 each, valuing the company at over $800 billion and signaling strong confidence ahead of the IPO.