SpaceX is planning to go public in mid-to-late 2026 and is looking to raise $30 billion at a valuation of around $1.5 trillion, according to a new report from Bloomberg News citing multiple unidentified sources.

That would make it the largest IPO of all time, edging out Saudi Aramco’s public listing in 2019, which brought in $29 billion. It would also be a bit of a reversal for SpaceX, which previously considered spinning off its Starlink division for an IPO, while keeping the main company private.

Bloomberg’s report comes just a few days after The Information was first to report that Elon Musk’s space company was targeting a late 2026 IPO.

The Wall Street Journal also recently broke the news that SpaceX was engaged in another secondary share sale for employees that would peg the

See Full Page