A SpaceX initial public offering might be on the horizon.
The aerospace company, run by founder and CEO Elon Musk, is reportedly planning an IPO aimed at raising over $30 billion, according to Bloomberg, which cited people familiar with the matter.
The IPO could be as soon as mid- to late-2026 or 2027. In its recent 2026 US Venture Capital Outlook, PitchBook pointed to the rise in space-focused stock listings, citing favorable policies.
Fast Company has reached out to SpaceX for comment and will update this post if we hear back.
Reaching the $30 billion threshold would make SpaceX the largest IPO in history—and give it a reported $1.5 trillion valuation.
Oil company Saudi Aramco currently holds the record, raising $29 billion in 2019. It hit a $1.9 trillion valuation, selling 1.5% of its ownership.
Sources cited by Bloomberg claim that SpaceX will hit about $15 billion in revenue this year and estimate $22 billion to $24 billion in 2026. Most of that income is courtesy of Starlink, which has been used by governments and companies alike to provide satellite internet services.
Executives at SpaceX have floated the idea of Starlink spinning off and doing its own IPO. However, last year, CFO Bret Johnsen said it would likely be “in the years to come.”
Musk and the company’s board have reportedly already started making plans for an IPO, including hiring. The funds would, in part, go toward developing space-based data centers, presumably to help power the enormous computing needs of the AI boom.
Stocks rise in space-adjacent companies
News of a potential SpaceX listing has led to a spike in share prices of related companies.
Take EchoStar Corporation, which sold spectrum licenses to SpaceX this fall. Between two separate deals, EchoStar received $11.1 billion in SpaceX private stock. The company’s shares (Nasdaq: SATS) closed up about 6% on Tuesday and jumped nearly 7% in premarket trading on Wednesday.
Space transportation company Rocket Lab Corporation saw its shares (Nasdaq: RKLB) close up 3.6% and rise another 1.5% overnight.