SpaceX Plans to Go Public. Why?
2 days ago
- #SpaceX
- #IPO
- #Elon Musk
- SpaceX is planning an IPO next year to raise tens of billions of dollars.
- Reports suggest a potential valuation of $1.5 trillion, which could raise over $30 billion.
- This would rival or exceed the largest IPO in history (Aramco's $29 billion in 2019).
- SpaceX is a dominant player in launch services, space-based communications, and more.
- Elon Musk has historically resisted going public due to concerns over scrutiny and Mars mission alignment.
- The decision is surprising given SpaceX's current revenue surge from Starlink growth.
- Ars spoke with insiders to understand Musk's reasoning for the IPO shift.