SpaceX is pushing forward with its IPO! Musk aims for a valuation of $1.5 trillion with a fundraising goal of over $30 billion

SpaceX plans to IPO in 2026 with a valuation of 1.5 trillion USD. The market is evaluating the reasonableness of the space data center narrative, combined with a price-to-sales ratio of up to 60 times. (Background: Elon Musk’s space company SpaceX reportedly plans to IPO next year! Valuation expected to reach 800 billion USD, surpassing OpenAI) (Additional background: OpenAI Space War Begins? Sam Altman plots to invest in rocket company Stoke Space, aiming at Musk’s SpaceX) According to sources from Cailian News Agency, Musk’s SpaceX is evaluating an IPO as early as 2026, with a valuation of up to 1.5 trillion USD and a fundraising goal exceeding 30 billion USD. If true, this would surpass Saudi Arabia’s listing record and elevate the aerospace rocket manufacturer to a market cap level comparable to Microsoft and Apple. Valuation Breaks Free from Gravity Currently, SpaceX’s secondary market price is about 420 USD per share, implying a valuation of over 800 billion USD; the latest news is that the IPO target is directly doubled. The main reason is Musk’s reshaping of the “asset nature,” as he does not define SpaceX as a rocket company but as a potential space infrastructure monopolist. The scale of this IPO exceeds 30 billion USD, with the largest use of funds likely being to expand orbital deployment and preemptively block “communications and computing” commercial entry before competitors react. Can Starlink’s cash flow support a 60x price-to-sales ratio? The main factor supporting the high valuation is satellite network service Starlink, with estimated revenue of about 15 billion USD in 2025, expected to rise to 22 to 24 billion USD in 2026, with 8 million paid subscribers and approximately 9,000 satellites in orbit. Compared to Tesla’s revenue of 95.2 billion USD and a market cap of only 1.4 trillion USD, SpaceX attempts to use a quarter of its revenue to achieve a higher valuation, meaning investors need to accept a 40 to 60 times P/S ratio. Such multiples are usually reserved for cloud software or AI infrastructure companies, indicating that the market is forced to treat Starlink as “orbital real estate.” To bridge the valuation and cash flow gap, Musk proposes a “space data center” narrative, deploying high-performance computing clusters in near-earth orbit, using unlimited solar energy and low-temperature vacuum to reduce costs. He claims that in four to five years, space will become the cheapest source of AI computing power. Musk plans to use IPO funds to heavily purchase chips and launch them into space. However, the engineering community has issued warnings: vacuum environments lack convection, so heat dissipation can only rely on radiation, and cosmic radiation can erode semiconductors. Nvidia CEO Jensen Huang responded, “This is still a dream at this stage.” Related reports SpaceX transfers 100 million USD in Bitcoin, is Musk planning to cash out? Tether’s valuation surpasses 500 billion USD, overtaking SpaceX and ByteDance, revealing the path to becoming a stablecoin leader. <SpaceX pushing forward with IPO! Musk targets a “valuation of 1.5 trillion USD” with a fundraising goal of over 30 billion USD> This article was originally published on BlockTempo, the most influential blockchain news media.