SpaceX has told its employees the company is entering a regulatory quiet period, people familiar with the matter said, taking the rocket and satellite maker a step closer to an initial public offering slated for 2026.

SpaceX has authorized an insider share sale that values Elon Musk's rocket and satellite maker at about $800 billion, according to a company message seen by Bloomberg on Dec. 12.

Reports of a SpaceX public listing boost partner and investor stocks as the company prepares to pitch banks and target a $1.5 trillion valuation.

In its aggregated wisdom, however, it is also far more discerning. This discernment is what SpaceX, Open AI and Anthropic would be trading off for cash. In none of their cases is the trade-off comfortable.

SpaceX is reportedly planning to raise as much as $25bn in the process, which could make it the second-largest IPO in history, after Saudi Arabian state-owned oil and gas giant Saudi Aramco raised $25.6bn in 2019.

More than 20 years after founding SpaceX, the record-breaking company that transformed the global space industry, Elon Musk is planning to take the enterprise public.

SpaceX’s chief financial officer has confirmed the company is considering an initial public offering as soon as next year.

Elon Musk's SpaceX, which has prominent operations in Florida, could be moving toward a public listing in 2026, according to reports.

Elon Musk's SpaceX is eyeing an initial public offering that could be the largest ever, at least partially driven by a plan to launch AI data centers into orbit.