Largest IPO ever? Insiders’ share sale puts SpaceX’s valuation at $800 billion; Market debut possible in 2026 – The Times of India

SpaceX is reportedly in the midst of an internal stock sale that values ​​Elon Musk’s space technology company at around $800 billion, potentially paving the way 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 money would support an expanded launch schedule for its Starship rocket, space-based AI data centers and moon base development.The latest secondary offer price is £421 per share, as set out by chief financial officer Bret Johnsen in the shareholder memorandum, which represents almost twice the £212 per share value set in July at a £400 billion valuation.This valuation surpasses the previous record of £500 billion set by OpenAI, the maker of ChatGPT, in October, once again elevating SpaceX to the status of the world’s highest valued private company.Should Musk choose to pursue the IPO, it would represent another major business venture, although its success would depend on SpaceX achieving several challenging goals in the coming years.SpaceX, recognized as the world leader in rocket launches, maintains industry dominance with its Falcon 9 rocket, which carries satellites and astronauts to orbit.The company is also a leader in providing Internet connectivity from low Earth orbit via Starlink, and operates a constellation of thousands of satellites serving millions of users.