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Elon Musk's aerospace company, SpaceX, is reportedly finalizing plans for a stock market listing (IPO) in 2026. In this corporate action, SpaceX is targeting a staggering valuation of $1.5 trillion, a figure that has the potential to make it the largest IPO in history. According to a Bloomberg report, SpaceX management and its advisors are currently drafting an initial public offering plan targeted for execution in mid to late 2026. In this process, the company is ambitious to raise fresh capital well above $30 billion. If this target is achieved, SpaceX will surpass the world record for the largest IPO, currently held by oil giant Saudi Aramco, which raised $29 billion in 2019. The funds generated from the IPO are planned to be used to finance ambitious future infrastructure projects, one of which is the development of a space-based data center, including the purchase of necessary chips for its operations. Financially, SpaceX's performance is projected to continue its upward trend, driven by its Starlink satellite internet service and the development of the Starship rocket. The company is estimated to generate revenue of around $15 billion in 2025 and is projected to surge to the range of $22 billion to $24 billion in 2026.
