SpaceX is initiating a secondary share sale that would give the company a valuation of up to $800 billion, according to a report from The Wall Street Journal.
This massive valuation would place Elon Musk’s aerospace company ahead of OpenAI, which recently reached a $500 billion valuation.
The report also indicates that SpaceX has informed some investors it may consider an initial public offering as early as late 2026.
The company has heavily invested in its reusable rocket technology and the Starlink satellite internet network which now operates the largest constellation of satellites in low Earth orbit.
While Musk has previously expressed reservations about taking his company public due to regulatory and legal pressures, he recently hinted at finding ways for Tesla shareholders to participate in SpaceX’s success.
An IPO would likely include the Starlink business, which had previously been discussed as a separate spin-off candidate.
Key Takeaways:
- SpaceX is targeting an $800 billion valuation in a new secondary share sale.
- The company is discussing a potential IPO for late 2026.
- Starlink would be included in the public listing plans.
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