On June 25, 2025, the Axiom 4 mission, powered by SpaceX’s Dragon spacecraft and Falcon 9 rocket, will lift off from Launch Complex 39A at NASA’s Kennedy Space Center in Cape Canaveral, Florida.
Giorgio Vieira | AFP | Getty Images
Elon Musk has responded to the latest reports that SpaceX will go public in 2026, calling it “accurate.”
An article by Ars Technica’s Eric Berger examines why now is the right time for an IPO for Musk’s space venture, noting that the rise of artificial intelligence and the opportunity for data centers in space are playing a key role in this move.
“As always, Eric is accurate,” Musk wrote on his social media platform X in response to Berger’s article.
Musk’s comments came after multiple news outlets reported that SpaceX was aiming to go public in 2026, with The Information and the Wall Street Journal reporting last week about a possible IPO and potential stock sale that would value the company at about $800 billion.
Bloomberg said this week that the company is targeting an IPO in 2026 and aims to raise more than $30 billion.
Musk said on X over the weekend that reports about an $800 billion valuation were “not accurate,” referring to the amount his company receives from NASA.
“I have a lot of love for @NASA, but it will account for less than 5% of our revenue next year,” Musk wrote. “Commercial Starlink is by far the largest contributor to our revenue. Some claim that SpaceX receives ‘subsidies’ from NASA, which is simply untrue.”
SpaceX did not respond to a request for comment.
Towards 2026, SpaceX and tesla CEO Musk is expected to gain a powerful ally in the government’s space program.
Jared Isaacman, who was paid millions of dollars to lead two commercial spaceflights for SpaceX in 2021 and 2024, is likely to become the next NASA administrator, as the committee voted on Monday.
He now heads to a vote for confirmation in the Senate.
SpaceX is a major NASA contractor, but Acting Administrator Sean Duffy has criticized Musk’s space program for several delays on the Artemis moon trip.
Musk lashed out at Duffy, accusing Duffy of “trying to kill NASA!” on X.
Transportation Secretary Duffy was handed the reins of the space program by President Donald Trump this summer after he withdrew Isaacman’s nomination following clashes with Musk.
Trump said at the time that Isaacman’s relationship with Musk constituted a conflict of interest.
Isaacman’s renomination in early November suggested that relations between Trump and Musk were on the mend. tesla The return to friendship was cemented by the CEO’s appearance at a White House dinner later that month.
—CNBC’s Lora Kolodny contributed to this report.
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