SpaceX Sets $800 Billion Valuation, Confirms 2026 IPO Plans (3)

SpaceX is moving forward with an insider share sale that values Elon Musk’s rocket and satellite maker at about $800 billion, setting up what could be the largest initial public offering of all time.

In a company message seen by Bloomberg on Friday, SpaceX said it’s preparing for a possible public offering in 2026 that would be aimed at funding an “insane flight rate” for its developmental Starship rocket, artificial intelligence data centers in space and a base on the moon.

The per-share price of $421 in its latest secondary offering, laid out by Chief Financial Officer Bret Johnsen ...