Elon Musk’s SpaceX ‘preparing for flotation that could value it at over $1tn’

Elon Musk confirmed via a post on X that reports regarding SpaceX's plans for an initial public offering (IPO) next year are accurate, following recent discussions about the company's financial strategies and market positioning. This announcement comes shortly after media speculation about the IPO's potential scale and valuation.

A recent study by McKinsey indicates that global spending on data centers could exceed $6.7 trillion by 2030, with the majority of this investment occurring in the United States, where over 4,000 data centers are currently operational or under construction. This surge in data center development is attracting the attention of major players like SpaceX, Blue Origin, and OpenAI, who are exploring opportunities in this burgeoning market.

Elon Musk hinted at a potential initial public offering (IPO) for SpaceX in a post on X, following various media reports suggesting the company is advancing its plans for an IPO. This move is seen as a significant step for SpaceX as it prepares for a major financial transition.

SpaceX is advancing its plans for an initial public offering (IPO) scheduled for 2026, aiming to raise significantly more than $30 billion, with a target valuation of approximately $1.5 trillion. This move comes as investors await the Federal Reserve's decision on interest rates, contributing to a mixed performance in the stock market, including a notable decline in JPMorgan's shares due to increased costs.

SpaceX is reportedly advancing plans for an initial public offering (IPO) that could unlock $2.9 trillion worth of private companies on Wall Street, marking a significant shift in the market landscape. This IPO is expected to raise significantly more than $30 billion, with a target valuation of approximately $1.5 trillion, potentially making it the largest IPO in history.

SpaceX is reportedly advancing plans for an initial public offering (IPO) aimed at raising significantly more than $30 billion, with a target valuation of approximately $1.5 trillion, potentially making it the largest IPO in history. The company is considering a listing as early as mid-to-late 2026, although this timeline may shift depending on market conditions.