SpaceX Said to Pursue 2026 IPO, Raising Far Above $30 Billion

Core Viewpoint - SpaceX is preparing for a potential IPO that could encompass the entire business, not just Starlink, reflecting significant retail interest in investing in the company [1][2] Group 1: Company Overview - SpaceX has been the most requested private company for investment over the past 13 years, indicating strong retail enthusiasm for the space sector [2] - The company, founded 23 years ago, has seen considerable success and has a diverse shareholder base, although ownership is concentrated among a few major investors [4][5] Group 2: IPO Structure and Valuation - The IPO is expected to be a significant event, potentially raising new capital for investments in computing and processing power, although the exact structure remains uncertain [3][7] - The reported valuation for SpaceX is $800 billion with a share price of $421, but this may not reflect the true market price as it represents a tender cap of $2 billion, which is only 3-5% of the overall valuation [9][11] - The anticipated IPO valuation could reach $1.5 trillion, placing it in uncharted waters compared to other major public companies [12] Group 3: Investment Dynamics - SpaceX has opted for secondary liquidity offerings to provide cash to employees and early investors without diluting ownership, maintaining control over the company [10] - The IPO may serve as a solution to the limitation of having only 2,000 shareholders before financial reporting requirements kick in [6]