Elon Musk’s SpaceX has reached a fresh milestone, setting an estimated valuation of $800 billion through a new insider share sale, as the company prepares for what could become the largest initial public offering in history. The development signals growing investor confidence in the private space giant’s long term ambitions across launch services, satellite internet, and deep-space exploration.
According to internal communications shared with shareholders, SpaceX is laying the groundwork for a possible IPO in 2026. The public listing would primarily be aimed at funding an aggressive expansion strategy, including a rapid launch cadence for its next-generation Starship rocket, investments in space-based artificial intelligence data centers, and early-stage plans for a permanent lunar presence.
In the latest secondary offering, SpaceX priced shares at $421 each, nearly double the $212 per-share valuation set in July, when the company was valued at around $400 billion. This sharp increase places SpaceX ahead of the previous private market record of $500 billion, reaffirming its position as the world’s most valuable closely held company.
If the IPO moves forward, SpaceX is expected to seek well over $30 billion, potentially targeting a long-term valuation of up to $1.5 trillion, a level comparable to Saudi Aramco’s historic public listing in 2019. However, company executives have cautioned that both timing and valuation remain uncertain and subject to market conditions.
SpaceX conducts tender offers twice a year, allowing employees and early investors to buy or sell shares, a practice often viewed as a precursor to a public debut.
Operationally, SpaceX continues to dominate the global launch market with its Falcon 9 rocket, while its Starlink satellite network has become the leading provider of low-Earth orbit internet services, serving millions of users worldwide.
As SpaceX accelerates toward its next growth phase, all eyes remain on whether Musk’s bold vision can translate into a record-breaking public listing.
Follow Startupbydoc for daily startup insights, funding news, IPO analysis, and business breakdowns.