SpaceX IPO Ignites: Starlink Satellite Valuation Soars
Elon Musk’s space and satellite internet company SpaceX has taken another step toward its IPO debut. According to reports by Bloomberg and CNBC, the company has confidentially filed initial public offering (IPO) documents with the U.S. Securities and Exchange Commission (SEC), Engadget reported.
Sources indicate that SpaceX aims for a public listing by June. The company is seeking a market valuation of approximately $1.75 trillion, a significant increase from its current post-merger valuation of $1.25 trillion.
SpaceX intends to raise up to $75 billion, which would surpass Saudi Aramco’s $29 billion IPO in 2019, setting a record as the largest public offering in history.
The IPO is expected to fund SpaceX’s ambitious plans, including accelerating the Starship rocket project, deploying AI data centers in orbit, and establishing a base on the Moon.
The valuation is primarily driven by Starlink. The satellite internet business exceeded nearly 10 million customers in 2025 and is projected to generate close to $20 billion in revenue in 2026. Reports suggest that a consortium of approximately 21 banks is managing this IPO.
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