Tesla (TSLA) and SpaceX (SPACE) CEO Elon Musk confirmed reports about SpaceX’s IPO plan as accurate. He responded to an X post by Ars Technica senior space editor Eric Berger stating, “As usual, Eric is accurate,” endorsing details about the company’s shift toward going public.
Berger wrote an op-ed that indicated he thought SpaceX would go public soon. The editor believes the offering would help support $30 billion or more in capital needed to fund AI integration projects, such as space-based data centers and lunar satellite factories.
A host of recent reports indicated that SpaceX (SPACE) could pursue a massive IPO as early as June or July 2026. The company targets a valuation exceeding $1 trillion, possibly up to $1.5 trillion, driven by Starlink’s growth and Starship advancements.
However, a few days back, Elon Musk said such stories were inaccurate: “There has been a lot of press claiming SpaceX is raising money at $800B, which is not accurate. SpaceX has been cash flow positive for many years and does periodic stock buybacks twice a year to provide liquidity for employees and investors. Valuation increments are a function of progress with Starship and Starlink and securing global direct-to-cell spectrum that greatly increases our addressable market. And one other thing that is arguably most significant by far.”
“I do want to try to figure out some way for Tesla shareholders to participate in SpaceX. I’ve been giving a lot of thought to how to give people access to SpaceX stock,” Musk commented at a meeting with shareholders in November. “Maybe at some point., SpaceX should become a public company despite all the downsides of being public,” he added.
A few days back, Cathie Wood’s Ark Invest projected that SpaceX (SPACE) could reach an enterprise value of approximately $2.5 trillion by 2030.