SpaceX sets $800B valuation, confirms 2026 IPO plans, Bloomberg says

Core Insights - SpaceX is preparing for an insider share sale that values the company at approximately $800 billion, potentially leading to the largest initial public offering (IPO) in history [1] - The company is planning a public offering in 2026 to fund an "insane flight rate" for its Starship rocket, AI data centers in space, and a lunar base [1] - The latest secondary offering has a per-share price of $421, nearly double the previous valuation of $400 billion with a share price of $212 set in July [1] Company Developments - The insider share sale indicates strong investor interest and confidence in SpaceX's future growth and projects [1] - The planned IPO in 2026 aligns with SpaceX's ambitious goals in space exploration and technology [1] - The significant increase in share price from $212 to $421 reflects a growing valuation and market optimism surrounding SpaceX's initiatives [1]