An internal message to shareholders seen by Bloomberg shows that SpaceX is preparing for a potential public offering in 2026. According to the company, funds from a possible IPO would be used to finance the “crazy flight frequency” of the Starship system being developed, the construction of data centers for artificial intelligence in space and the creation of a base on the Moon.
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In the latest secondary offering, the price of one share was set at $421. That's almost twice as much as $212. per share in July, when the company's valuation was approximately USD 400 billion. Details of the offer were presented in a memo to shareholders by Bret Johnsen, SpaceX's chief financial officer.
Previously, the record was held by OpenAI
The new valuation surpasses the previous record for a private companyamounting to USD 500 billion. and attributed in October to the owner of ChatGPT, OpenAI. Thus, SpaceX once again becomes the most valuable private company in the world.
Bloomberg reported earlier that a possible IPO could bring the company well over $30 billion. At the same time, SpaceX is expected to achieve a valuation of around USD 1.5 trillion.which would put it close to the capitalization level achieved by Saudi Aramco during its record-breaking debut in 2019. Johnsen, however, emphasized that the date and target valuation are not certain, and the company may ultimately decide not to go public.
Special offer
SpaceX regularly holds stock auctions twice a year, enabling shareholders, including employees, to sell shares or buy additional shares. The current offering is described as a preparatory step before a possible stock exchange debut.
The company dominates the space industry as the most active rocket launch operator in the world. The core of the activity remains Falcon 9, which carries satellites and astronauts into orbit. The second pillar is Starlink, a network of thousands of satellites in low orbit that provides internet to millions of users.
