Elon Musk is taking SpaceX public
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SpaceX, Launch Complex 39A
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A bid by individual investors to grab a sliver of SpaceX before it goes public has propelled a niche ETF into the spotlight, highlighting retail euphoria over Elon Musk’s business empire and the scramble for private-company exposure.
President Trump withdrew Isaacman's nomination for NASA administrator in April, before nominating him again in November.
Elon Musk's SpaceX is eyeing an initial public offering that could be the largest ever, at least partially driven by a plan to launch AI data centers into orbit.
SpaceX has authorized an insider share sale that values Elon Musk's rocket and satellite maker at about $800 billion, according to a company message seen by Bloomberg on Dec. 12.
NASA plans to test SpaceX’s Starshield satellite network, designed primarily for national security users, to support operations of the Deep Space Network.
SpaceX’s $800 billion valuation against an estimated $15 billion in revenue for 2025 implies a 53x Price-to-Sales (P/S) multiple—extremely elevated and rare outside of hyper-growth tech. What investors are ultimately paying for is not just a single business line, but a uniquely integrated platform.
SpaceX has told its employees the company is entering a regulatory quiet period, people familiar with the matter said, taking the rocket and satellite maker a step closer to an initial public offering slated for 2026.
In its aggregated wisdom, however, it is also far more discerning. This discernment is what SpaceX, Open AI and Anthropic would be trading off for cash. In none of their cases is the trade-off comfortable.