SpaceX’s management and advisers are pursuing a listing as soon as mid-to-late 2026, said some of the people, who asked not to be identified because the matter is confidential. The timing of the IPO could change based on the market and other factors, and one of the people said it could slip into 2027.
SpaceX is moving ahead with plans for an initial public offering that would seek to raise significantly more than US$30 billion ($38.91 billion), people familiar with the matter said, in a transaction that would make it the biggest listing of all time.
The Elon Musk-led company is targeting a valuation of about US$1.5 trillion for the entire company, which would leave SpaceX near the market value that Saudi Aramco established during its record 2019 listing. The oil major raised US$29 billion at the time.
