SpaceX Said to Pursue 2026 IPO Raising Far Above $30B

SpaceX is moving ahead with plans for an initial public offering that would seek to raise significantly more than $30 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 $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 $29 billion at the time.  
SpaceX’s management and advisers are pursuing a listing as soon as mid-to-late 2026, said some of the people, who declined to be identified because the matter is confidential. The timing of the IPO could change based on market conditions and other factors, and one of the people said the timing could slip until 2027.
A representative for SpaceX didn’t immediately respond to a request for comment.
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