{"id":20793,"date":"2025-12-10T08:43:56","date_gmt":"2025-12-10T06:43:56","guid":{"rendered":"http:\/\/jhb-webdevelopers\/channelafrica\/news\/spacex-to-pursue-2026-ipo-raising-above-25-billion\/"},"modified":"2026-02-27T16:32:02","modified_gmt":"2026-02-27T14:32:02","slug":"spacex-to-pursue-2026-ipo-raising-above-25-billion","status":"publish","type":"news","link":"https:\/\/www.channelafrica.co.za\/channelafrica\/news\/spacex-to-pursue-2026-ipo-raising-above-25-billion\/","title":{"rendered":"&#8216;SpaceX to pursue 2026 IPO raising above $25 billion&#8217;"},"content":{"rendered":"<p>SpaceX has started discussions with banks about the public listing, which could be around June or July, the person said.<\/p>\n<p>&nbsp;<\/p>\n<p>Musk had said in 2020 that SpaceX planned to list Starlink several years in the future once its revenue growth became &#8220;smooth &amp; predictable&#8221;. SpaceX did not immediately respond to a Reuters request for comment.<\/p>\n<p>&nbsp;<\/p>\n<p>Saudi&#8217;s Aramco remains the only completed IPO to have achieved a valuation of $1 trillion or more, it debuted in December 2019 with an estimated market capitalisation of $1.7 trillion.<\/p>\n<p>&nbsp;<\/p>\n<p>SpaceX expects to use funds from the public listing to develop space-based data centers, including purchasing the chips required to run them, an idea Musk expressed interest in during a recent event with Baron Capital, according to Bloomberg News, which had reported the development earlier in the day.<\/p>\n<p>&nbsp;<\/p>\n<p>The company is expected to make around $15 billion in revenue in 2025, increasing to between $22 billion and $24 billion in 2026, with the majority coming from Starlink, Bloomberg reported.<\/p>\n<p>&nbsp;<\/p>\n<p>&#8211;Reuters&#8211;<\/p>\n","protected":false},"featured_media":20794,"template":"","meta":{"_acf_changed":false},"news-type":[44],"class_list":["post-20793","news","type-news","status-publish","has-post-thumbnail","hentry","news-type-finance","entry"],"acf":{"short_description":"Elon Musk's SpaceX is pursuing an initial public offering next year, looking to raise more than $25 billion, with a valuation over $1 trillion, a source familiar with the matter told Reuters on Tuesday","published_date":"2025-12-10 00:00:00","news_description":"Elon Musk's SpaceX is pursuing an initial public offering next year, looking to raise more than $25 billion, with a valuation over $1 trillion, a source familiar with the matter told Reuters on Tuesday","form_embed":"","author":"","image_caption":""},"_links":{"self":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/20793","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news"}],"about":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/types\/news"}],"version-history":[{"count":1,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/20793\/revisions"}],"predecessor-version":[{"id":24705,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/20793\/revisions\/24705"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/media\/20794"}],"wp:attachment":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/media?parent=20793"}],"wp:term":[{"taxonomy":"news-type","embeddable":true,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news-type?post=20793"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}