SpaceX Eyes $30B IPO, Potentially World's Largest

SpaceX, led by Elon Musk, is reportedly planning a massive IPO in late 2026, aiming to raise $30 billion and value the company at $1.5 trillion. This move could surpass Saudi Aramcos record-breaking 2019 debut. Initially considering a Starlink spin-off, SpaceX now plans a broader public listing for the entire enterprise. Recent employee share sales have valued the company at over $800 million, with employees able to sell $2 billion worth of shares at $420 each. This development underscores the immense growth and financial interest surrounding SpaceX.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.