SpaceX冲刺IPO 拟募资超300亿美元

Core Viewpoint - SpaceX is actively pursuing an initial public offering (IPO) with a fundraising target exceeding $30 billion, which would make it the largest IPO in history if successful [1][9]. Group 1: IPO Plans and Valuation - The company, led by Elon Musk, aims for a valuation of approximately $1.5 trillion, positioning it close to the market cap level achieved by Saudi Aramco during its record IPO in 2019 [3]. - SpaceX management and advisors are targeting a completion date for the IPO between mid-2026 and late 2026, although this timeline may be adjusted based on market conditions [3][4]. - The IPO is expected to involve the issuance of shares valued at $40 billion if 5% of the company is sold, surpassing Saudi Aramco's $29 billion IPO in 2019 [9]. Group 2: Revenue Projections and Business Growth - SpaceX anticipates revenues of approximately $15 billion in 2025, increasing to between $22 billion and $24 billion in 2026, primarily driven by its Starlink business [5]. - The company is accelerating its IPO plans partly due to the rapid growth of its Starlink satellite internet service and the ongoing development of its Starship lunar and Mars rocket projects [4]. Group 3: Stock Sales and Market Strategy - In a recent secondary market stock sale, SpaceX priced its shares at around $420, raising its valuation above the previously reported $800 billion level [5]. - The company is allowing employees to sell approximately $2 billion worth of stock while also participating in the buyback of some shares [5]. Group 4: Investor Interest and Future Plans - Major long-term investors in SpaceX include Founder's Fund, 137 Ventures, Valor Equity Partners, Fidelity, and Alphabet Inc. [8]. - There have been discussions about potentially spinning off the Starlink business into a separate publicly traded company, although Elon Musk has been cautious about the timeline for this separation [7].