SpaceX plans to go public in 2026, seeks $1.5 trillion valuation: reports
Space • • business
Key Points:
- SpaceX plans to go public in mid- to late 2026, targeting a valuation of $1.5 trillion, which could make it one of the most valuable companies globally and potentially raise over $30 billion in its IPO.
- The move aims to fund the development of off-Earth data centers using modified Starlink satellites, supporting Elon Musk's vision to advance artificial intelligence and space infrastructure.
- Long-term goals include establishing AI-satellite factories on the moon and launching them via railguns, aligning with Musk's broader strategy to compete in the AI space alongside his ventures xAI and Tesla.
- Some space enthusiasts express concern that public ownership may limit SpaceX's ability to pursue costly Mars colonization efforts, though Musk reportedly sees the IPO