SpaceX IPO Could Take Elon Musk To Doorstep Of Trillionaire Status

• Multiple reports indicate all systems are go for the SpaceX IPO, believed to be taking off from the launchpad in mid-2026.
• The current estimates have outlined a US$1.5 trillion company valuation, which would bring CEO Elon Musk within inches of becoming history’s first trillionaire.
• At this price, the proposed IPO valuation represents an unbelievable 62.5 times sales, solely rivalled within the realm of listed firms by Palantir, which sits at roughly 70 times.

Elon Musk’s pathway to becoming the first trillionaire in history has been cleared with talks of SpaceX going public next year.

Should the company achieve lift-off by debuting at a valuation of US$1.5 trillion as projected – in the same rarefied airspace as Saudi Aramco’s US$1.7 trillion listing circa 2019 – Musk’s stake alone would skyrocket from US$136 billion to over US$625 billion, per the Bloomberg Billionaires Index.

RELATED: Toto Wolff To Sell Stake In Mercedes F1, Sending Team’s Valuation To Record Highs

That would effectively push the oft-controversial CEO’s total present-day net worth from an already eyewatering US$491 billion to US$952 billion. Throw in a healthy annual compensation package or two from Tesla (contingent on extremely lofty targets, of course), and Musk is pretty much there.

As pointed out by Bloomberg, Elon Musk’s desire to pursue an IPO earlier than expected has to do with his ambitions to form a distributed network of orbital artificial intelligence data centres in space, along with his longstanding designs to colonise Mars with the help of Starship rockets, and more fanciful missions of establishing satellite factories on the moon.

“SpaceX’s IPO, then, is a bet on owning vast swaths of the space economy through the convergence of AI, robots, and travel,” posits Bailey Lipschultz, Sana Pashankar, and Loren Grush of Bloomberg.

“Will investors buy it? Sceptics aren’t hard to find. But to a number of observers, the combination of the near-term potential and Musk’s long-term outlook is irresistible and will catapult SpaceX into the realm of the ‘Magnificent Seven’ companies like Nvidia and Microsoft.”

RELATED: OpenAI Is On Track For History’s Richest IPO

Mission success will also be determined by SpaceX’s flagship consumer product in Starlink.

Morgan Stanley analysts have forecasted in excess of a billion Starlink subscribers by 2040, with units potentially accounting for nearly 75% of the entire company’s US$122 billion in projected sales by that time. Quite the growth from the US$22-US$24 billion in revenue SpaceX is forecasted to generate in 2026.

A nice egg to have in one’s basket, for certain, though by no means the only route for Elon Musk to achieve trillionaire status. We’ll keep an eye on this developing matter with keen interest.