SpaceX Hits $800 Billion Valuation, Now World’s Most Valuable Private Company; Sets 2026 IPO Date

Digital Desk

SpaceX valuation doubles to $800 billion, shares hit $421. Starlink growth & 2026 IPO plans drive Elon Musk's company to top private firm spot. Latest details inside.

SpaceX Soars to $800 Billion Valuation, Becoming World’s Top Private Firm; Eyes 2026 IPO

In a staggering financial leap, Elon Musk’s SpaceX is now the world’s most valuable private company, with its valuation doubling to $800 billion (approx. ₹68 lakh crore) in just a few months. The company has set its share price at $421 in a latest secondary offering, paving a clear path for an Initial Public Offering (IPO) in 2026.

The updated valuation was confirmed by SpaceX Chief Financial Officer Brett Johnson in a memo to shareholders. This marks a dramatic rise from a $400 billion valuation in July 2024, when shares were priced at $212. The secondary sale allows existing investors and employees to trade shares privately.

The rocket company’s meteoric rise is powered by the twin engines of its dominant rocket launch business and the explosive growth of its Starlink satellite internet division. Starlink, which beams high-speed internet from thousands of low-Earth orbit satellites, now serves millions of customers globally. It has become a major revenue driver, connecting remote and underserved regions worldwide.

In his memo, CFO Brett Johnson stated the new $421 share price reflects the company's "growing scale and future potential." While specific financials remain private, the valuation surge underscores intense investor confidence in SpaceX's long-term vision and current market execution.

A significant part of the update is the firm confirmation of a 2026 IPO. Elon Musk had previously hinted that Starlink needed to achieve stable revenue growth before going public. With that milestone seemingly in sight, the company is now officially targeting a public listing. The capital from an IPO is expected to fuel massive projects, primarily the rapid development of the Starship rocket.

Starship, designed for missions to the Moon and eventually Mars, is central to SpaceX's ambitions. Post-IPO, the company also plans to aggressively expand Starlink's global coverage and roll out its direct-to-cell phone satellite connectivity service.

This valuation cements SpaceX's position not just as a leader in aerospace, but as a financial behemoth, surpassing all other privately-held companies. As the countdown to 2026 begins, all eyes will be on how SpaceX leverages this unprecedented valuation to turn its interplanetary goals into reality.