SpaceX IPO: What's Musk Hiding?
SpaceX is reportedly planning a massive IPO in 2026, aiming to raise over $30 billion at a staggering $1.5 trillion valuation, according to Bloomberg sources. Elon Musk has long been cautious about going public due to pressures like quarterly reporting and litigation, but he's hinted at ways for Tesla shareholders to invest in SpaceX. Starlink, generating 60-70% of revenue, is the key driver behind this sky-high value, alongside Starship progress and launch services. This could open SpaceX to everyday investors, fueling further innovation in space tech.
Reports suggest SpaceX wants to hit the public market in mid-to-late 2026. Sources close to the matter told Bloomberg the rocket company is targeting a huge cash raise at an unprecedented valuation.
Elon Musk hasn't commented yet on this latest buzz, unlike past rumors he quickly shut down. Just days ago, he clarified SpaceX isn't chasing an $800 billion round and stays cash flow positive with stock buybacks.
Still, Musk has warmed to the idea lately. At a recent shareholder meeting, he talked about letting Tesla investors buy into SpaceX and even weighing the pros of going public despite the hassles.
Starlink's satellite internet dominates revenue, making it the star of SpaceX's success. Add in reliable Falcon launches and the promising Starship, and you've got a powerhouse eyeing public trading.