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SpaceX seeks external financing for first time in 24 years
SpaceX plans to conduct an initial public offering (IPO) in mid-to-late 2026 to raise over $30 billion, based on a company valuation of $1.5 trillion. According to Bloomberg, the IPO may be postponed to 2027 depending on market conditions. The funds will be allocated for building data centers in space and procuring necessary chips.
Founded by Elon Musk in 2002, SpaceX is seeking additional financing for the first time in its history. The publication estimates the company's current revenue at around $15 billion, which is expected to grow to $22–24 billion by 2026. The primary sources of income are the Starlink satellite communication system, in addition to satellite launch services and NASA space missions.
As preparations for the IPO unfold, Musk continues to engage in political activities. He expressed regret over entering politics and managing DOGE, deeming it wiser to avoid governmental scandals. Nevertheless, the businessman persists in making controversial political statements, including a proposal to dissolve the European Union.
Published 15 December 2025
© InstaFintech Group
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© InstaFintech Group
