SpaceX is reportedly proceeding with an internal share sale that values Elon Musk‘s space technology company at approximately $800 billion, potentially setting the stage for the largest initial public offering in history.According to a company communication cited by Bloomberg on Friday, SpaceX is considering a public listing in 2026. The funds would support an extensive launch schedule for its Starship rocket, space-based AI data centres, and lunar base development.The latest secondary offering price stands at £421 per share, as detailed by chief financial officer Bret Johnsen in the shareholder memorandum, representing nearly twice the £212 per share value established in July at a £400 billion valuation.This valuation surpasses the previous £500 billion record set by OpenAI, the creator of ChatGPT, in October, reinstating SpaceX as the world’s highest-valued private enterprise.Should Musk choose to pursue the IPO, it would mark another significant business endeavour, though its success would depend on SpaceX achieving several challenging objectives in the upcoming years.SpaceX, recognised as the global leader in rocket launches, maintains industry dominance with its Falcon 9 rocket, which transports satellites and astronauts to orbit.The company also leads in providing internet connectivity from low-Earth orbit through Starlink, operating a constellation of thousands of satellites serving millions of users.
