SpaceX is reportedly planning an IPO in 2026 with a valuation target of $1.5 trillion

SpaceX plans to go public in mid-to-late 2026, and is looking to raise $30 billion at a valuation of about $1.5 trillion, according to SpaceX. New report From Bloomberg News, citing multiple anonymous sources.

That would make it the largest IPO ever, beating Saudi Aramco’s public listing in 2019, which brought in $29 billion. This would also be somewhat of a reversal for SpaceX, which had previously considered spinning off its Starlink division for an IPO, while keeping the main company private.

Bloomberg’s report comes just days after The Information first reported that Elon Musk’s space company was… Targeting IPO in late 2026.

Wall Street Journal too newly SpaceX has announced that it is engaged in another secondary sale of stock to employees that would peg the company’s current valuation at approximately $800 million. The Bloomberg report says SpaceX has “confirmed” the stock sale in recent days and that the valuation exceeds the $800 million figure, with employees allowed to sell stock worth about $2 billion at $420 per share.

This story has been corrected to include $1.5 trillion in the headline, not $1.5 billion.