SpaceX Eyes Record-Breaking 2026 IPO With $1.5 Trillion Valuation Goal, Report Says

SpaceX is reportedly preparing to take the company public in mid-to-late 2026, with a target valuation of around $1.5 trillion, according to a new report from Bloomberg. The company is said to be looking to raise roughly $30 billion in the offering, citing multiple unnamed sources familiar with the plans.

If those numbers hold, SpaceX would set a new benchmark for the largest IPO in history, surpassing Saudi Aramco’s 2019 listing, which raised $29 billion. The move would mark a significant shift for the company, which has long signaled interest in keeping SpaceX private while only considering a future IPO for its satellite subsidiary, Starlink.

Bloomberg’s story follows earlier reporting from The Information, which first revealed that SpaceX was targeting a late-2026 window to go public. The timing also lines up with recent coverage from The Wall Street Journal, which broke news of an employee-focused secondary share sale.

Employee Share Sale Pegs SpaceX Near $800B Valuation

According to the Journal, SpaceX has been working on a new secondary offering that would allow employees to sell portions of their equity. That sale reportedly valued the company at around $800 billion, though Bloomberg now reports that the finalized valuation is even higher. Employees will reportedly be able to sell about $2 billion worth of shares at a price of $420 per share.

The new figures suggest SpaceX’s valuation is rapidly accelerating as it expands its launch services, strengthens Starlink’s global footprint, and accelerates work on its Starship program.

A Major Pivot From Previous IPO Strategy

Historically, SpaceX has pushed back against going public, with Elon Musk repeatedly stating that the company’s long-term goals—including Mars missions—required staying private to avoid short-term shareholder pressures. At one point, Musk publicly floated the idea of spinning off Starlink for a separate IPO while SpaceX remained private.

If Bloomberg’s reporting proves accurate, the 2026 offering would represent a major pivot. A $1.5 trillion valuation would also place SpaceX among the world’s most valuable companies before ever entering public markets.

This story has been updated to reflect that the correct valuation target is $1.5 trillion, not $1.5 billion.