Tesla Inc‘s (NASDAQ:TSLA) CEO Elon Musk‘s SpaceX is reportedly gearing up for a 2026 IPO that could raise $30 billion and value the company at a jaw-dropping $1.5 trillion — a number that would instantly make it the largest offering in market history. It's a bold ask, even by Silicon Valley standards.
But this is also the company that has made a habit of turning audacious engineering claims into Tuesday routine, which raises the real question: has SpaceX earned the right to think this big?
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History suggests yes.
SpaceX doesn't just make bold claims; it delivers them at scale.
If priced at $1.5 trillion, SpaceX wouldn't be coming to market as a high-growth upstart. It would arrive as a megacap, with investors expected to underwrite the next decade of lunar landings, military contracts, global connectivity, and whatever other geometry Musk draws on a whiteboard.
The value isn't just rockets — it's the ecosystem: launch dominance, Starlink economics, defense positioning, and a pipeline of projects that blur the line between telecom, aerospace, and infrastructure.
For investors, the calculus is simple: do you believe the next 10 years look anything like the last 10?
Because SpaceX's history makes one thing clear — betting against its "impossible" ideas has never aged well. The IPO, if it comes, will test just how much that reputation is worth.
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