SpaceX Eyes IPO Timed to Planet Alignment and Musk Birthday: Report
- On a mid‑June window, SpaceX is reportedly weighing an IPO that could value it at roughly $1.5 trillion and seek about $50 billion, aligning with Musk's June 28 birthday and a Jupiter‑Venus meetup.
- SpaceX CFO Bret Johnsen has been meeting with private investors since the end of last year, driven by AI industry trends like space data centers, expediting a possible mid‑2026 listing.
- Elon Musk holds about 42% of SpaceX, which earns revenue through reusable rocket launches, NASA resupply missions and its Starlink satellite internet service, while major banks considered include Bank of America, JPMorgan, Goldman Sachs and Morgan Stanley.
- A public listing would open access to the tightly held space sector amid a broader reopening of US equity markets, further expanding Elon Musk's estimated $775 billion fortune.
- Historically, SpaceX said it would not IPO until its rockets were regularly flying to Mars, so a mid‑2026 float would represent a notable shift testing a new financial frontier for space companies.
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SpaceX eyes $50-B IPO timed to planet alignment and Musk birthday: report
SAN FRANCISCO, United States — SpaceX is targeting a mid-June initial public offering that would coincide with a rare planetary alignment and founder Elon Musk’s birthday, the Financial Times reported on Wednesday, as the billionaire entrepreneur seeks to raise a record $50 billion. The rocket company is planning its IPO for when Jupiter and Venus appear very close together in the sky — a conjunction that occurs for the first time in more than t…
The space company aims to raise funds of $50 billion, well above Saudi Aramco's record. The planned schedule coincides with the rare alignment of two planets and the celebration of the 54 years of Tesla's boss.
SpaceX eyes IPO timed to planet alignment and Musk birthday: report
SpaceX is targeting a mid-June initial public offering that would coincide with a rare planetary alignment and founder Elon Musk's birthday, the Financial Times reported on Wednesday, as the billionaire entrepreneur seeks to raise a record $50 billion.
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