A SpaceX Falcon 9 rocket is prepared for motorboat carrying NASA's IMAP mission, which volition survey the bound of the Sun's heliosphere and different technological payloads, astatine the Kennedy Space Center successful Cape Canaveral, Florida, U.S., Sept. 23, 2025.
Joe Skipper | Reuters
SpaceX is preparing to spell nationalist adjacent twelvemonth and has opened a secondary stock merchantability that would worth the institution astatine $800 billion, according to a missive to shareholders sent by the company's CFO Bret Johnsen and reviewed by Reuters.
The Elon Musk-led company's determination towards a nationalist listing, which could fertile among the largest planetary archetypal nationalist offerings, has been driven chiefly by the accelerated enlargement of SpaceX's Starlink outer net business, including plans for a direct-to-mobile work and advancement successful its Starship rocket programme for missions to the satellite and Mars.
In the missive dated Dec. 12, Johnsen said SpaceX has approved an statement wherever caller and existing investors and the institution volition bargain up to $2.56 cardinal of shares from eligible shareholders astatine $421 a share.
"We are preparing the institution for a imaginable IPO successful 2026. Whether it really happens, erstwhile it happens, and astatine what valuation are inactive highly uncertain, but the reasoning is that if we execute brilliantly and the markets cooperate, a nationalist offering could rise a important magnitude of capital," Johnsen said.
SpaceX aims to usage the superior to ramp Starship's formation rate, deploy artificial quality (AI) information centers successful space, physique Moonbase Alpha and nonstop uncrewed and crewed missions to Mars, Johnsen said.
SpaceX did not instantly respond to a petition for comment. Bloomberg News and The New York Times reported the stock merchantability connected Friday.
Musk hinted astatine a imaginable SpaceX IPO successful a post connected societal media level X earlier this week.
Reuters reported connected Tuesday, citing a root acquainted with the matter, that the rocket and outer institution is looking to rise implicit $25 cardinal successful an IPO that could travel arsenic aboriginal arsenic June.
Investors person welcomed reports that SpaceX was considering an IPO that would money Musk's Mars ambitions and worth the rocket and outer institution astatine much than $1 trillion.
SpaceX ranks arsenic the world's second-most invaluable backstage startup aft ChatGPT shaper OpenAI, according to information from Crunchbase.
Talks implicit a listing program are unfolding against the backdrop of a resurgence successful the IPO marketplace successful 2025 aft a three-year adust spell.
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