SpaceX sets $800 billion valuation in insider share deal ahead of 2026 IPO

SpaceX is reportedly preparing to go public next year and an insider has revealed a significant step, closely tied to its plan for a public listing, which the company expects to value at $800 billion, according to a letter to shareholders from CFO Bret Johnsen.

The Elon Musk-led company’s significant move towards a public disclosure, which could rank among the largest international initial public offerings (IPO), has been primarily propelled by two factors: the rapid expansion of SpaceX’s Starlink satellite internet service and the progress in its Starship rocket program for missions to the moon and Mars.

As reported by Reuters, the letter issued on December 12 demonstrated that SpaceX has ratified the terms under which new and existing shareholders and the company will buy up to $2.56 billion of shares from equity holders at $421 a share.

In this connection, Johnsen said, “We are preparing the company for a possible IPO in 2026. Whether it actually happens, when it happens, and at what valuation are still highly uncertain, but the thinking is that if we execute brilliantly and the markets cooperate, could raise a significant amount of capital.''

Currently, SpaceX has not promptly responded to a recent request. 

Further, Musk has reportedly affirmed a SpaceX IPO in a post on X earlier this week.

The rocket and satellite company is aiming to raise $25 billion in an IPO that could come as early as June.

On the contrary, investors welcomed reports that SpaceX was considering a potential IPO that would fund Musk’s Mars ambitions, valuing the combined rocket and satellite technology at more than $1 trillion.

According to data from Crunchbase, SpaceX ranks as the world’s second most valued startup, after OpenAI.

The recent strategic IPO maneuver is a culmination that reflects the company’s mounting influence in both commercial space and international telecommunications as it prepares for a remarkable public debut in 2026.