‘SpaceX will not go for IPO’, predicts ace investor Chamath Palihapitiya, says reverse merger with Tesla more likely

Core Viewpoint - Chamath Palihapitiya predicts that SpaceX is unlikely to pursue an IPO and may instead opt for a reverse merger with Tesla to consolidate control over its assets [1][2]. Group 1: Predictions and Speculations - Palihapitiya believes that a reverse merger would allow Elon Musk to consolidate control and power of SpaceX and Tesla into one cap table [2]. - There is uncertainty regarding whether Palihapitiya has insider information about SpaceX's plans or if he is merely speculating [4]. - Palihapitiya previously predicted that SpaceX's Starlink initiative would go public in 2023, which did not materialize [5]. Group 2: IPO Details and Market Context - Elon Musk acknowledged reports of a potential SpaceX IPO in 2026, stating that the information was "accurate" [6]. - Bloomberg reported that SpaceX aims to raise significantly more than $30 billion in its IPO, which would be the largest listing of all time [6]. - SpaceX's management is pushing for an IPO as early as mid-to-late 2026, although the timing may be affected by market conditions, potentially delaying it until 2027 [7].