SpaceX plans to raise over $30 billion in its IPO, which could become the largest in history

According to Caixin, SpaceX is advancing its initial public offering (IPO) plan, with fundraising expected to exceed $30 billion, potentially becoming the largest IPO in history.

The company's target valuation is approximately $1.5 trillion, far surpassing Saudi Aramco's record of $29 billion raised in 2019. The funds will be used to develop space data centers and purchase related chips. SpaceX expects revenue to reach $15 billion by 2025, and executives revealed that the earliest listing could be in mid to late 2026, but it may be delayed until 2027 due to market conditions. Previously, it was reported that SpaceX plans to sell internal shares at a valuation of $800 billion, with plans to go public in the second half of next year.