Musk Confirms SpaceX Is Preparing for an IPO
This article first appeared on GuruFocus. Elon Musk, the CEO of Tesla (TSLA, Financials) and SpaceX, has confirmed what many investors have been wondering about for months: SpaceX is indeed moving toward an IPO. The acknowledgement came casually on X, where Musk replied to a post from Ars Technica's Eric Berger with, As usual, Eric is accurate. With that short comment, he essentially gave the strongest signal yet that the company is laying the groundwork to go public. Musk didn't commit to a date, but the consensus view points to 2026. SpaceX's momentum from Starlink's expanding subscriber base to ongoing Starship development has only fueled expectations that the company could debut with a massive valuation. Some analysts think it could eventually reach the trillion-dollar mark, thanks to recurring revenue from satellite broadband and the growing demand for space infrastructure. Musk also said that he is looking at options for Tesla stockholders to buy SpaceX shares when it goes public. The details aren't apparent yet, but the statement makes it seem like he's thinking about ways to thank long-time investors who have backed him in a number of businesses. Now that Musk has publicly confirmed the plan, the attention switches to time and structure. Will SpaceX's public debut change the space sector in the same way that Tesla's debut changed the electric vehicle market.