SpaceX Plans 2026 IPO, Could Raise Over $30 Billion

SpaceX is moving forward with an IPO expected to raise well over $30 billion, potentially the largest ever, targeting a $1.5 trillion valuation near Saudi Aramco’s 2019 record of $29 billion. The Elon Musk-led company aims for mid-to-late 2026, possibly slipping to 2027. Plans boosted other space stocks, with EchoStar up 12% and Rocket Lab rising 4.3%.