SpaceX Targets $800B Valuation as Secondary Share Sale Accelerates Plans
SpaceX plans to launch a secondary share sale that could value the firm at up to $800 billion, according to a recent report. Although this target is ambitious, the company appears confident in its growth trajectory. Moreover, the report noted that SpaceX may consider going public as early as late 2026. As investors evaluate the opportunity, they are paying close attention to how rapidly the company’s business units continue to expand.
Elon Musk, who leads both SpaceX and Tesla, previously said in November that he might take SpaceX public even though he sees potential downsides. During a shareholder discussion, he stated that publicly traded businesses often attract “spurious lawsuits,” and can “make it very difficult to operate effectively.” Even so, he acknowledged that he hoped to “try to figure out some way for Tesla shareholders to participate in SpaceX,” adding, “maybe at some point, SpaceX should become a public company despite all the downsides.”
Competitive Position and Starlink’s Role
At the proposed valuation, the company would exceed the $500 billion valuation reached by OpenAI during its October share sale. This comparison highlights how aggressively the space sector is scaling, particularly as investors push deeper into advanced aerospace technologies. Furthermore, SpaceX continues to invest heavily in reusable rockets, launch infrastructure and satellites. These efforts aim to maintain its lead while it competes for government contracts against newer entrants such as Jeff Bezos’ Blue Origin.
In addition, SpaceX operates the world’s largest network of satellites in low Earth orbit through Starlink. Because Starlink powers satellite-based internet service globally, it remains one of the company’s most valuable assets. A future IPO would include Starlink, which the company had once considered spinning out. Investors view this integration as meaningful, since it could create a more straightforward path to public participation.
Public Offering Discussion and Investor Expectations
Musk again addressed the possibility of a public offering during Tesla’s annual shareholder meeting last month. Although he repeated that he does not love running public companies, he also suggested that he may eventually pursue this route. As interest intensifies, investors are watching for signals on when SpaceX might formalize its plans. Consequently, speculation around the late-2026 timeline continues to grow.
Overall, the company’s rapid expansion, its dominant satellite network and its strategic government partnerships are prompting greater attention from global markets. While uncertainties remain, momentum across its core programs suggests that investor enthusiasm will likely continue.
