SpaceX Aims for IPO Over $30 Billion Backed by Starlink and Starship Success

SpaceX is accelerating plans for an initial public offering (IPO) that could raise well over $30 billion, potentially setting a new record for the largest listing in history, Bloomberg news reported citing sources with knowledge of the matter.

Under Elon Musk’s leadership, the company is targeting a staggering valuation of around $1.5 trillion, putting it close to the market value that Saudi Aramco achieved during its landmark 2019 IPO, which raised $29 billion.

Those familiar with SpaceX’s plans say the company is eyeing a public listing as soon…