SpaceX要上市了？1.5万亿美元估值

Group 1 - SpaceX plans to go public in the second half of 2026, with an estimated valuation of approximately $1.5 trillion, potentially raising about $40 billion by selling 5% of its shares, which would break the record for the largest IPO set by Saudi Aramco in 2019 at $29 billion [2] - The IPO of SpaceX could trigger a wave of other "unicorn" companies, valued over $100 billion, to enter the public market, as they have previously preferred private financing due to higher valuations and less pressure from public scrutiny [2] - The success of SpaceX's IPO will serve as a signal to other private companies that it may be time to transition to the public market, especially after a decline in IPO activity since 2021 [2] Group 2 - If SpaceX goes public at a $1.5 trillion valuation and sells 5% of its shares, it could raise approximately $750 billion, surpassing the total IPO financing of the past 13 years in the U.S. [3] - The market's ability to absorb such a large IPO will be tested, with significant interest expected from both institutional and retail investors, although there are concerns about the justification of SpaceX's high valuation based on its current revenue and business scale [4] - The transition from private to public will require SpaceX to face rigorous scrutiny from the market, moving away from being a private venture of Elon Musk [4] Group 3 - The private market, while currently robust, may not provide long-term liquidity, and companies like SpaceX may find it increasingly difficult to maintain liquidity as they grow larger [5] - Listing on the public market may be the only viable option for super unicorns, as the potential for mergers and acquisitions diminishes with their increasing size [6] - Investors are advised to be cautious of emotional trading during the initial public offering and to consider the supply chain and partners of SpaceX, such as aerospace materials and satellite technology [6]