Well, this is interesting. On Wednesday, Tesla Inc. (TSLA) CEO Elon Musk did something that got everyone talking about a potential SpaceX IPO—he basically confirmed it might be happening.
When Musk Says You're Right, People Listen
Here's how it went down: Ars Technica journalist Eric Berger posted on X with an article, confidently stating, "Here's why I think SpaceX is going public soon." Musk's response? Simple and direct: "As usual, Eric is accurate."
Coming from someone who runs Tesla, SpaceX, and xAI, that's about as close to confirmation as you're going to get without an official press release.
The Numbers Are Staggering
Reports earlier this week suggested that SpaceX could be eyeing an IPO that raises more than $30 billion. To put that in perspective, that would smash the current record held by Saudi Aramco, which raised $29 billion in 2019.
But here's the really wild part: if SpaceX hits the projected $1.5 trillion valuation that's been floated around, it would become one of the most valuable companies on the planet. Even more remarkable, it would exceed Tesla's current market value of $1.41 trillion. The student surpassing the teacher, if you will.
SpaceX hasn't officially commented on any of this yet.
Mixed Signals on Valuation
Over the weekend, Musk pushed back against claims that SpaceX is raising new capital at an $800 billion valuation. However, he notably didn't say anything about the potential 2026 IPO timeline that's been making the rounds.
So what does this all mean? It looks like SpaceX might finally be ready to go public after years of staying private. If the numbers hold up, we could be looking at one of the biggest market debuts in history.