Elon Musk's SpaceX moves millions in Bitcoin
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A SpaceX Falcon 9 has launched and landed a record 32 times following a successful mission on Monday night. The Falcon 9 first-stage booster — listed as B1067 — lifted off at 5:26 p.m. ET from Launch Complex 39A (LC-39A) at NASA’s Kennedy Space Center in Florida.
SpaceX intends to go public in 2026 and will seek a valuation of $1.5 trillion, according to media reports.
A potential 2026 listing could value SpaceX at $1.5 trillion. Elon Musk might soon get richer. SpaceX, Musk’s private space giant, is actively preparing for what could be one of the biggest initial public offerings in history, and it might arrive as soon as mid-2026.
Rumblings of a $1.5 trillion valuation for SpaceX may be forcing investors to view currently public space companies as undervalued.
For the 300th time this year, a rocket has lifted off for low Earth orbit. SpaceX on Thursday (Dec. 11), launched its Falcon 9 rocket carrying 29 Starlink satellites from Space Launch Complex 40 (SLC-40) at Cape Canaveral Space Force Station in Florida.
SpaceX is planning to raise tens of billions of dollars through an initial public offering next year, multiple outlets have reported, and Ars can confirm. This represents a major change in thinking from the world’s leading space company and its founder, Elon Musk.
Unlike earlier in the week, today's rocket launch will not startle anyone on the Space Coast with sonic booms. The rocket's first stage booster will target a landing on the A Shortfall of Gravitas drone ship stationed in the Atlantic Ocean.
The company is looking to raise $30 billion, which would make it the biggest IPO ever, just ahead of Saudi Aramco's in 2019.
The boom in AI could find a new home in orbit, at least if three of the world's richest men find a way to make it work.
Many tech billionaires, including Musk, fall squarely into the “proponents” category. With a blockbuster IPO on the horizon and Musk’s forecast that SpaceX’s newest rocket will start launching Starlink V3 satellites in 2026 as well, the company does appear uniquely well-positioned to lay the groundwork for orbital server farms.
To buy into SpaceX’s audacious $1.5 trillion valuation in a listing next year, investors will need to have faith in Elon Musk’s equally galactic vision for his rocket and satellite maker, from orbital data centers to lunar factories to human settlements on Mars.