{"id":7492,"date":"2025-12-15T08:28:12","date_gmt":"2025-12-15T08:28:12","guid":{"rendered":"http:\/\/forefrontnews.cn\/?p=7492"},"modified":"2025-12-15T08:28:12","modified_gmt":"2025-12-15T08:28:12","slug":"with-an-800bn-valuation-and-more-questions-to-answer-spacex-is-planning-the-worlds-biggest-ipo","status":"publish","type":"post","link":"http:\/\/forefrontnews.cn\/?p=7492","title":{"rendered":"With an $800bn valuation and more questions to answer, SpaceX is planning the world&#8217;s biggest IPO"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-7493 aligncenter\" title=\"cb35aae73a5d081dda55c620e3c086f6\" src=\"http:\/\/forefrontnews.cn\/wp-content\/uploads\/2025\/12\/cb35aae73a5d081dda55c620e3c086f6.jpg\" alt=\"cb35aae73a5d081dda55c620e3c086f6\" width=\"1536\" height=\"1024\" srcset=\"http:\/\/forefrontnews.cn\/wp-content\/uploads\/2025\/12\/cb35aae73a5d081dda55c620e3c086f6.jpg 1536w, http:\/\/forefrontnews.cn\/wp-content\/uploads\/2025\/12\/cb35aae73a5d081dda55c620e3c086f6-300x200.jpg 300w, http:\/\/forefrontnews.cn\/wp-content\/uploads\/2025\/12\/cb35aae73a5d081dda55c620e3c086f6-1024x683.jpg 1024w, http:\/\/forefrontnews.cn\/wp-content\/uploads\/2025\/12\/cb35aae73a5d081dda55c620e3c086f6-768x512.jpg 768w\" sizes=\"(max-width: 1536px) 100vw, 1536px\" \/><br \/>\n\u201cElon Musk, the world&#8217;s richest man, could soon be on the rise again,\u201d Bloomberg reported of the planned 2026 initial public offering of his commercial rocket company, SpaceX. The valuation of SpaceX is expected to climb to about $800bn, making it the world&#8217;s most valuable unlisted company, the New York Times reported Monday.<\/p>\n<p>To help musk become a trillionaire?<\/p>\n<p>According to the New York Times, SpaceX told its employees Wednesday that it would buy back some of the shares held by insiders. The deal would value SpaceX as a whole at about $800bn and the company is preparing for a possible public listing next year. In a letter to employees and other shareholders, Brett Johansen, SpaceX&#8217;s chief financial officer, said the company and its investors plan to offer $421 a share, a total of $2.56bn of shares were bought back from shareholders at almost double the previous internal price. The plan to buy back shares from employees would make SpaceX the world&#8217;s most valuable private company, surpassing OpenAI, an artificial intelligence company currently valued at about $500bn. If SpaceX goes public, it will be the largest IPO in history and an unprecedented wealth-creation bonanza for stocks.<\/p>\n<p>Although the CNN raised by SpaceX will go to the company and not to musk personally, Elon Musk has reportedly taken a 50 per cent stake in the company, the listing of SpaceX will add significantly to his net worth. Musk founded SpaceX in 2002. SpaceX currently dominates the global commercial space industry with its powerful rocket launch capabilities and\u201cStarlink\u201d satellite internet services, together with Tesla, the electric car company, they have been an important source of Musk&#8217;s wealth and influence.<\/p>\n<p>The bulk of Musk&#8217;s $461bn net worth, according to the Bloomberg billionaires list, comes from his Tesla shares and options. If SpaceX meets the $1,500 bn valuation that musk ultimately wants, his net worth could double, making him the world&#8217;s first trillionaire.<\/p>\n<p>CNBC.com says SpaceX&#8217;s IPO plans come as the global IPO market picks up in 2025, as the global market for new issues comes back to life after a three-year slump, investors generally welcomed news of a possible SpaceX listing.<\/p>\n<p>Facing the challenge of huge capital expenditure<\/p>\n<p>\u201cWhat will Elon Musk do with the huge sum of money after the successful IPO of SpaceX?\u201d The Economic Times reported on the 14th that behind a series of eye-catching figures in the IPO plans, hidden in the background is Musk&#8217;s bold plan to pour $Zero BN into rockets, artificial intelligence and extraterrestrial infrastructure. SpaceX&#8217;s biggest revenue growth engine right now is its low Earth orbit satellite internet business, starlink. SpaceX expects revenues of $15bn in 2025, rising to $22bn-$24bn, according to people familiar with the 2026. The revenue comes mainly from Starlink subscriptions, corporate contracts and government customers.<\/p>\n<p>Meanwhile, SpaceX works closely with the Pentagon, NASA and others. But SpaceX still faces big capital-spending challenges as it continues to launch its huge, recyclable starship, which is still in development, covering facilities and infrastructure. Elon Musk said in the 2023 that SpaceX&#8217;s investment in the starship programme was expected to be about $2bn. SpaceX has also been investing in expensive facilities to make starlink satellites and user terminals, as well as space data centres powered by artificial intelligence chips.<\/p>\n<p>Plans for the IPO could be delayed<\/p>\n<p>The Wall Street Journal said SpaceX&#8217;s decision to seek an initial public offering also surprised some people close to the company. More than a decade ago, Elon Musk said that\u201cSpaceX will only be available if we can send spacecraft to Mars on a regular basis.\u201d. Elon Musk has also repeatedly voiced dissatisfaction with the challenges facing Tesla as a listed company, including frictions with securities regulators and investor lawsuits over the company&#8217;s compensation package.<\/p>\n<p>CNN said going public could put pressure on companies&#8217; long-term, capital-intensive plans, which often don&#8217;t generate any investment returns for years to come. As an unlisted company, SpaceX doesn&#8217;t have to disclose its financial statements, and after going public, it will have to face a lot of questions about its performance. In response, Musk recently wrote on his own social platform, SpaceX, that it had been\u201cCash-rich for years\u201d.<\/p>\n<p>Listing SpaceX also means the company will face greater market scrutiny from regulators such as the Securities and Exchange Commission, CNN said. Musk has clashed with these institutions on numerous occasions in the past. This was particularly evident in his response to institutional oversight of Tesla. In 2018, Elon Musk proposed to take Tesla private, but was eventually forced to back down.<\/p>\n<p>Musk has also clashed regularly with groups of investors, including analysts, short sellers and companies that advise institutional shareholders. He calls these research firms\u201cCorporate terrorists\u201d.<\/p>\n<p>As a result, SpaceX management has yet to confirm a firm timetable for the IPO. Bloomberg said the timing of SpaceX&#8217;s IPO could be adjusted or delayed until 2027, depending on market conditions.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u201cElon Musk, the world&#8217;s richest man, could soon be on the rise again,\u201d Bloomberg reported of the planned 2026 initial public offering of his commercial rocket company, SpaceX. The valuation&hellip; <\/p>\n","protected":false},"author":2,"featured_media":7493,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[267,257],"tags":[3886,2443,3887,3888],"views":169,"_links":{"self":[{"href":"http:\/\/forefrontnews.cn\/index.php?rest_route=\/wp\/v2\/posts\/7492"}],"collection":[{"href":"http:\/\/forefrontnews.cn\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/forefrontnews.cn\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/forefrontnews.cn\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"http:\/\/forefrontnews.cn\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=7492"}],"version-history":[{"count":1,"href":"http:\/\/forefrontnews.cn\/index.php?rest_route=\/wp\/v2\/posts\/7492\/revisions"}],"predecessor-version":[{"id":7494,"href":"http:\/\/forefrontnews.cn\/index.php?rest_route=\/wp\/v2\/posts\/7492\/revisions\/7494"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/forefrontnews.cn\/index.php?rest_route=\/wp\/v2\/media\/7493"}],"wp:attachment":[{"href":"http:\/\/forefrontnews.cn\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=7492"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/forefrontnews.cn\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=7492"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/forefrontnews.cn\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=7492"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}