IPO, SpaceX and Elon Musk
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SpaceX, which has prominent operations from California's Vandenberg Space Force Base, may make its initial public offering in 2026, reports say.
Companies including EchoStar and Rocket Lab saw their shares rise on a report that Elon Musk's aerospace company could be gearing up to go public.
With SpaceX gaining more momentum financially as its Starlink satellite internet service expands, Wall Street is getting more excited about an IPO. Bloomberg reported that SpaceX’s revenue in 2026 could total $22 billion to $24 billion, up from about $15 billion this year.
In its aggregated wisdom, however, it is also far more discerning. This discernment is what SpaceX, Open AI and Anthropic would be trading off for cash. In none of their cases is the trade-off comfortable.
The floodgates could be poised to burst open on Wall Street for $2.9 trillion worth of private companies that have avoided going public for years.
Reports of a SpaceX public listing boost partner and investor stocks as the company prepares to pitch banks and target a $1.5 trillion valuation.
SpaceX’s chief financial officer has confirmed the company is considering an initial public offering as soon as next year.
Elon Musk's SpaceX is planning a historic IPO following the massive success of Starlink. Read how this move could reshape the stock market and fund missions to Mars.