Elon Musk’s SpaceX plans to raise over $25 billion in a 2026 IPO, potentially reaching a $1 trillion valuation, driven by Starlink satellite internet expansion and Starship rocket program progress. Discussions with banks have begun for a mid-2026 launch, amidst a resurgence in the IPO market. SpaceX’s IPO could spark more startups towards public offerings, with OpenAI and Anthropic possibly following suit. The funds raised would go towards space-based data centers, amid a new space race involving billionaires and firms like Blue Origin. However, concerns about Musk managing multiple $1 trillion companies may impact investor confidence.

Read more at Yahoo Finance: Elon Musk’s SpaceX to raise over $25 billion in blockbuster 2026 IPO, source says