SpaceX intends to go public in 2026 and will seek a valuation of $1.5 trillion, according to media reports.

Elon Musk's company has been private since its founding in March 2002. Over the past six days, however, speculation has swirled that SpaceX will hold an initial public offering (IPO) next year, offering investors the chance to buy shares for the first time.

The Wall Street Journal and The Information first reported this plan last Friday (Dec. 5), and other outlets soon followed up. For example, a Bloomberg story on Tuesday (Dec. 9) suggested that SpaceX will seek a valuation of $1.5 trillion, which would make it one of the most valuable publicly traded companies in the world. The IPO, which is apparently targeted for mid- to late 2026, could raise a record $30 billion or more.

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