Elon Musk announces SpaceX is preparing for an IPO, potentially the largest in history, driving gains in space sector equities.
Elon Musk revealed SpaceX is advancing plans for an initial public offering, which could become the largest in history. The announcement came as Musk returned to Texas to focus on the rocket and AI company’s listing preparations.
SpaceX has not disclosed a specific timeline or valuation, but the potential IPO has already sparked investor interest. The company’s last private funding round in 2022 valued it at $137 billion, making it one of the most valuable private firms globally.
Shares of space-related stocks rose following the news, reflecting market optimism about the sector’s growth prospects. Analysts suggest the IPO could attract significant institutional and retail demand.