Elon Musk's SpaceX to raise over $25 billion in blockbuster 2026 IPO, source says
Yahoo Finance·2025-12-09 20:49
By Echo Wang, Manya Saini and Juby Babu Dec 10 (Reuters) - Elon Musk's SpaceX is looking to raise more than $25 billion through an initial public offering in 2026, a move that could boost the rocket-maker's valuation to over $1 trillion, a person familiar with the matter told Reuters on Tuesday. The company's move towards a public listing, which could rank among the largest global IPOs, has been largely driven by the rapid expansion of its Starlink satellite internet business, including plans for direc ...