Newsletter
SpaceX is gearing up for a mid-to-late 2026 IPO, aiming to raise $30 billion at a valuation of around $1.5 trillion
Note: if the deal goes through, this would become the largest IPO in history, surpassing Saudi Aramco’s $29B listing.
Context: the Elon Musk–led company had earlier considered spinning off Starlink, but now plans to take the whole business public.
The deets: currently, the momentum looks strong as SpaceX is projected to generate $15 billion in revenue in 2025, rising to $22–24 billion in 2026.
IPO proceeds may fund space-based data centers, including the purchase of chips needed to run them, an idea Musk has hinted at publicly.
Zoom out: In India, SpaceX has entered through Starlink, its satellite-internet arm, which recently secured a five-year permit to operate in the country.
India’s space economy is accelerating fast, currently valued at $8–10 billion but projected to reach $40 billion by 2040 as new private players, satellite startups, and launch companies enter the market.
Globally, the space economy stands at $630–650 billion and is expected to cross $1 trillion by 2030, driven by satellite internet networks, climate-monitoring constellations, defence tech, and lunar missions.
