Elon Musk hinted at a potential SpaceX initial public offering (IPO) during a social media exchange with Eric Berger, a space industry reporter at Ars Technica. Responding to Berger's post about SpaceX possibly going public in 2026, Musk simply replied, "Accurate."

Berger's article explored why now might be the right time for Musk’s space venture to go public, citing the rise of artificial intelligence and opportunities in space-based data centers as key factors. Previous reports suggested SpaceX could seek an $800 billion valuation and raise over $30 billion, though Musk dismissed the valuation figure as "inaccurate."

He clarified that NASA contributes less than 5% of SpaceX’s revenue, with Starlink being the primary income driver. Reports indicate SpaceX is targeting a $1.5 trillion valuation, potentially raising $40 billion by selling a 5% stake—surpassing Saudi Aramco’s record $29 billion IPO in 2019.

SpaceX expects $15 billion in revenue for 2025, growing to $22–24 billion in 2026, largely fueled by Starlink’s expansion and Starship development for lunar and Mars missions. Ark Invest forecasts SpaceX could reach a $2.5 trillion valuation by 2030, with scenarios ranging from $1.7 trillion to $3.1 trillion based on strategic milestones like satellite deployment and Mars colonization.

Meanwhile, Jared Isaacman, a SpaceX mission funder, is poised to become NASA’s next administrator after clearing a committee vote. His nomination signals improving ties between Musk and the U.S. government, following past tensions over Artemis program delays. Musk previously clashed with acting administrator Sean Duffy, whom he accused of undermining NASA.