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SPACEX SAID TO BE PREPARING A 2026 IPO AS VALUATION EXPECTATIONS RISE
AppleMagazine
|December 12, 2025
SpaceX is reportedly preparing to pursue an initial public offering in 2026, according to new indications circulating among investors and advisors familiar with the company’s long-term planning.
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The potential listing would focus on Starlink, SpaceX’s rapidly expanding satellite-communications business, while the broader organization continues to scale its launch operations, deep-space ambitions, and large-volume manufacturing efforts across multiple facilities.
The emerging details suggest that internal discussions now revolve around a possible valuation above $30 billion tied specifically to the Starlink segment, which has grown into one of the most consequential components of the company’s revenue model. The consideration follows years of speculation about when SpaceX might test public markets and how it would structure a listing while maintaining operational control under its private-company model.
For a company that has long relied on a combination of private fundraising, commercial contracts, and government partnerships, the shift toward a defined IPO window would mark a significant evolution. SpaceX has often been selective in its disclosures and cautious about engagement with public investors. Still, with Starlink reaching millions of customers globally and advancing regulatory clearances in new markets, the scale of the business may be nearing a point where a public listing becomes viable.
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