IPO: SpaceX wants to raise 30 billion US dollars

Elon Musk aims to achieve a record value with the IPO of SpaceX, according to the US business news agency Bloomberg. The US space company is expected to go public in the second half of next year.

SpaceX plans to raise significantly more than 30 billion US dollars in its IPO, reports Bloomberg, citing sources with insider knowledge. The company is reportedly aiming for a valuation of around 1.5 trillion US dollars.

According to Bloomberg, SpaceX could thus surpass the record set by Saudi Aramco: the oil giant raised 29 billion US dollars in its IPO in 2019.

The IPO could be delayed

A few days ago, it became known that SpaceX is planning an IPO. According to management and advisors, this should take place in the middle to the end of next year, some sources said. However, the date depends on market conditions and other factors and could be postponed, according to one source, even until 2027.

SpaceX is expected to generate revenue of around 15 billion US dollars in 2025. Next year, it is expected to rise to 22 to 24 billion US dollars, one of the sources said. The majority of revenue is expected to come from the satellite internet division, Starlink.

Other space companies, whose stock prices rose, also benefit from the plan to take SpaceX public. Among them was Rocket Lab.

(wpl)