SpaceX targets record-breaking $25 billion IPO in 2026, Eyes $1 trillion valuation

KATHMANDU: Elon Musk’s SpaceX is preparing for what could become one of the largest initial public offerings in global market history, with plans to raise more than $25 billion through a blockbuster 2026 listing, a person familiar with the matter told Reuters.

The confidential discussions—now underway with major Wall Street banks—indicate that SpaceX is targeting an IPO window around June or July 2026. If executed, the offering could catapult the company’s valuation past $1 trillion, placing SpaceX among the world’s most valuable publicly traded enterprises.

The company did not respond to Reuters’ request for comment.

According to the source, the move toward a public market debut is driven largely by the explosive growth of Starlink, SpaceX’s satellite internet business, which has expanded globally and is preparing to launch direct-to-mobile services. The company’s progress on its Starship heavy-lift rocket—designed for missions to the Moon and Mars—is also fueling investor demand.

IPO Market Rebounds, Setting Stage for Mega Listings

The planned SpaceX flotation would come at a time when the global IPO market has regained momentum after a prolonged three-year slump. The resurgence accelerated through 2025, with bankers expecting 2026 to deliver a strong pipeline of high-profile offerings.

“SpaceX represents one of the most exciting opportunities in the global IPO market and has been on the dream-list of several investors for years,” said Samuel Kerr, Head of Equity Capital Markets at Mergermarket, speaking to Reuters. “If all these deals come through, the U.S. IPO market will experience a genuine revival—the green shoots of which have already been seen this year.”

Valuation Debate Intensifies

The news of the potential IPO follows recent media reports suggesting SpaceX had launched a secondary share sale valuing the company at nearly $800 billion. Musk, however, dismissed those reports as inaccurate. The upcoming IPO discussions suggest that the company aims even higher, leveraging the surging commercial demand for advanced space technology.

Starlink and Starship Drive Investor Appetite

SpaceX’s most powerful value driver remains Starlink, which has grown into a global broadband challenger, particularly in underserved markets. Its next leap—direct-to-mobile connectivity—could place it in direct competition with terrestrial telecom networks.

Meanwhile, SpaceX’s Starship program continues to advance, positioning the company as a central player in NASA’s Lunar Gateway plans and future Mars missions.

A Defining Moment for the Global Market

If SpaceX proceeds with the offering, it will cement the company’s role as a cornerstone of the next-generation space economy and mark a defining moment for global capital markets. Investors worldwide are closely watching the company’s next steps, anticipating what could become the largest-ever IPO in history. (With support from Reuters)

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Saturday December 13, 2025, 10:58:00 AM |


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