Buckle up. SpaceX is reportedly preparing to go public in mid-to-late 2026 and aims to raise $30 billion at a valuation of roughly $1.5 trillion, according to Bloomberg News . If successful, it would be the largest IPO in history, surpassing Saudi Aramco’s $29 billion listing in 2019.

The move is a new strategy for SpaceX, which had previously floated the idea of taking its Starlink division public while keeping the core company private.

Meanwhile, The Wall Street Journal recently reported that the company is finalizing another employee share sale valuing SpaceX at more than $800 billion. Employees will reportedly be allowed to sell up to $2 billion worth of shares at $420 each.

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Photographer: David Paul Morri

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