A SpaceX IPO could be the largest public offering of all time-and Elon Musk's biggest headache | Fortune
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A SpaceX IPO could be the largest public offering of all time-and Elon Musk's biggest headache | Fortune
"And with the rocketing costs (pun intended) that SpaceX wouldrack upas it paves the way for more test flights for the mega-rocket Starship it wants to send to Mars, the thousands of additional satellites it intends to send to orbit, and the artificial intelligence data centers it may decide to construct in outer space, some extra billions in cash sure wouldn't hurt."
"Reporting has, thus far, pegged a potential market capitalization at $1.5 trillion, meaning that a public debut would immediately catapult SpaceX into the ranks of the 10 most valuable public companies in the world. Payload Space, which publishes detailed annual revenue research and estimates on SpaceX, forecasted that SpaceX will generate around $15 billion in revenue this year, and between $22 billion to $24 billion in 2026."
A potential public offering could surpass past record IPOs and provide large-scale funding for Starship test flights, satellite constellation expansion, and possible orbital AI data centers. Investors across institutions and retail channels are showing strong demand for public shares. SpaceX was founded in 2002 with capital from PayPal proceeds and now anchors much of America’s private space ecosystem while serving as a major U.S. government contractor. Analysts and research firms project substantial revenue growth, with forecasts near $15 billion this year and $22–$24 billion by 2026. Musk indicates the company has been cash-flow positive for many years.
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