Name: Looking to SpaceXs 2026 IPO
Uploaded: 2026-01-01T02:14:34.412Z
Duration: 4 min 47 s
Description: Bloomberg Tech co-anchor Ed Ludlow discusses what SpaceX pursuing an IPO in 2026 means for the broader space economy. He joins Vonnie Quinn and Norah Mulinda on Bloomberg Markets.

Bloomberg Tech co-anchor Ed Ludlow discusses what SpaceX pursuing an IPO in 2026 means for the broader space economy. He joins Vonnie Quinn and Norah Mulinda on Bloomberg Markets.

Texas

SpaceX is reportedly planning an initial public offering as early as June 2026, following a recent private share sale that valued the company at $800 billion. The company aims to raise between $30 billion and $40 billion through the IPO, potentially reaching a valuation of $1 trillion to $1.5 trillion.

The capital raised is expected to fund SpaceX's expansion into space-based internet via Starlink and the development of data centers in space. NASA's current focus remains on lunar missions, with SpaceX continuing to dominate payload launches, while other companies like Rocket Lab are also increasing their presence in the sector.

Looking to SpaceX's 2026 IPO

It was a great conversation. NASA had 180 days starting just a few days ago to prepare a plan for this responsive national security space architecture. Ed will they get there. I mean will they have this plan in a couple of months. Yeah. I mean administrator Eisenman's path to the White House wasn't straightforward. Right. He was nominated earlier in the year. Then the president pulled in and then the president had a change of heart and eventually he was confirmed. But the reason that the private sector in particular backs him is he's highly competent. You know he's a successful entrepreneur. He is himself an astronaut. He's ambitious and wants to get things done. The main tension in the interview just played is that the priority of this administration and therefore NASA in this country is principally first the moon. Right now the leading commercial player in space is space X. And as you guys know Elon Musk who leads space X has much broader goals to get humankind to Mars. And it was always going to be where did Mr. Isaacman focus first. And now he has a lot of support bipartisan support across the aisle and a strong staff competent staff of people at NASA that think he'll get it done. Whether he does have to see Bonnie. Yeah. I mean how important is Trump's support of NASA in terms of the U.S. being a leader in space exploration and innovation. Yeah I mean this was why I posed that question about the relevance of NASA. Right. At the end of the day NASA has a budget and it delegates contracts to two various private sector names. How can it be anything more than that. The president you know in choosing someone like Jared Eisenman he's of a different character mold skill set to prior NASA administrators. He's not a political animal really based on his career. People see that as the president having strong support for America's leadership in space from a national security standpoint. And there is a great fixation with the moon right. The great tagline that Isaacman has at the moment is we're going to build a base on the moon an American base on the moon and go from that. Yeah I mean we all know that contracts have been awarded to SpaceX and Blue Origin. But what other companies are out there that would be bidding for these kinds of contracts or smaller contracts from NASA. Yeah I think that the main thing to completely reiterate is that the reason that the contracts get awarded such as they do is on competitive grounds anyway. And when the later part of that interview that just played I made the point that when Transport Secretary Duffy was in an interim basis leading NASA he almost opened up the field again. Existing contracts said let's get some of these smaller players involved. Isaacman's response to that and to answer your question was all of the parties SpaceX Blue Origin and any other smaller players that might come along go into it knowing that only those that can deliver will win the contract. The main thing is right now SpaceX completely dominates payload to orbit. Of course you have the United Launch Alliance which is historic JV between Boeing Northrop. Boeing has had many well documented problems in the startup space. Rocket Lab is also being name checked by Isaacman and they at much smaller scale to SpaceX but are continuing to ramp their launch cadence becoming an option for America in strategic payload to orbit. Well you talked about SpaceX potential IPO. How do you even value a company like SpaceX especially if you think about given its mix of commercial launches Starlink also government contracts. Here's what I know. SpaceX is well underway with plans for an IPO. Maybe June of 2026. They just closed their latest tender or secondary where employees are allowed to sell shares to investors. The company doesn't raise any money. You have to set a share price. That price was set at four hundred and twenty one dollars a share valuation on that private transaction. Eight hundred billion. My understanding is they want to raise 30 to 40 billion dollars. You can do the math on how much of the company they would prepare to offer in an IPO. And the valuation is somewhere between one and one point five trillion dollars. And it's this idea that in the future there's a cap on revenue at least that you can get from launching stuff into space. Elon Musk was used to say it was about three billion dollars per annum but actually SpaceX managed to move beyond that. So that valuation how do you value it. It's on Starlink space based Internet and the whole rationale behind this IPO. The whole point of raising all that money. SpaceX sees a market for data centers in space. They need the capital to buy the GP use where they're out on the design of a space based data center. Who knows. But that's the reporting we've got.

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