Next year, Elon Musk intends to raise $800 billion through SpaceX shares 0 8

SpaceX is preparing for an IPO in 2026 and is currently conducting a large secondary share placement among insiders. The company's valuation is approximately $800 billion. This was reported by Bloomberg.

In a memo to shareholders, SpaceX indicated that a potential IPO is necessary to fund the "incredibly high flight frequency" of the promising Starship rocket, the creation of data centers for artificial intelligence in space, and the development of a lunar base. The new share price of $421 is nearly double the level in July, when shares were valued at $212, and the company's market capitalization was around $400 billion.

Thus, SpaceX has surpassed the previous record of the private company OpenAI, which was valued at $500 billion in October, and has once again become the most valuable private company in the world. According to Bloomberg, if it goes public, SpaceX could attempt to raise significantly more than $30 billion, making the deal the largest IPO in history.

At the same time, SpaceX's CFO Bret Johnsen emphasized that the timing and parameters of the IPO remain uncertain, and the company may ultimately decide against going public.

SpaceX remains the world's largest manufacturer of launch vehicles and dominates the industry thanks to Falcon 9. The company also holds leading positions in the satellite internet market, developing the Starlink system.