Elon Musk Confirms SpaceX Is Going Public, Space-Based Data Centers Secured | ZeroHedge

Macro Tech Titan on December 12, 2025

From: zerohedge

Update (1950ET):

Elon Musk confirms reports that SpaceX is going public.

 

As usual, Eric is accurate

— Elon Musk (@elonmusk) December 10, 2025

Space-based data centers are now secured…

 

SpaceX has way more satellites in orbit than the rest of the world combined, so maybe we know a thing or two about the subject 🤣 Starlink V3 will be 20kW and launched at scale around Q4 next year. No problem to scale that to >100kW if the satellite mass is shifted towards solar…

— Elon Musk (@elonmusk) December 10, 2025

*   *   *

SpaceX is preparing a record-breaking IPO targeting a valuation of roughly $1.5 trillion, with expectations to raise $30 billion or more and debut in the second half of 2026. If the Bloomberg report is accurate, the offering would surpass Saudi Aramco’s 2019 listing and become the largest public listing in history.

The report says SpaceX management and advisers are seeking a 2H26 listing that could raise more than $40 billion in stock, making it the largest IPO of all time, well above Saudi Aramco’s $29 billion listing.

Current internal valuation (based on a secondary share price of around $420) already places SpaceX above $800 billion, according to the people familiar with the discussions.

 

Wild to look at SpaceX’s valuation history. If this chart were linear, the first 10 years would basically be invisible, even when it became a unicorn in 2010. Years of grinding… then rocket reusability + Starlink, and the whole thing went vertical. SpaceX is the clearest… pic.twitter.com/5O74VZHXia

— Justin Mateen (@justinmateen) December 6, 2025

The accelerated timetable for going public is partly driven by Starlink’s rapid global expansion and its new direct-to-mobile service. Successful Starship test launches are also a significant factor. We published a note last week indicating that Starlink filed a trademark for “Starlink Mobile,” indicating the company may soon become AT&T and Verizon’s worst nightmare.

SpaceX’s revenue is about $15 billion this year and is forecasted to climb to $22 to 24 billion in 2026, according to one source, with most of it coming from Starlink. The company’s mini-dish offering has been a major hit with consumers, helping push Starlink’s global user base to around 8 million and skyrocketing up and to the right.

 

BREAKING: SpaceX has announced that @Starlink now has over 8 million customers, up from 7M in August and 6M in June 2025. Starlink added a record 14,250 new customers on average per day since they hit 7M, beating their previous record of 12,200. That growth rate is 17% higher… pic.twitter.com/IahhZWJvxe

— Sawyer Merritt (@SawyerMerritt) November 5, 2025

The people noted:

“SpaceX has been cash-flow positive for many years and does periodic stock buybacks twice a year to provide liquidity for employees and investors,” Musk wrote on X last week.

He noted, “Valuation increments are a function of progress with Starship and Starlink and securing global direct-to-cell spectrum that greatly increases our addressable market.”

Last week, Musk shut down the claim by corporate media that SpaceX was raising money at an $800 billion valuation, calling the report “not accurate.”

 

While I have great fondness for @NASA, they will constitute less than 5% of our revenue next year. Commercial Starlink is by far our largest contributor to revenue. Some people have claimed that SpaceX gets “subsidized” by NASA. This is absolutely false. The SpaceX team won…

— Elon Musk (@elonmusk) December 6, 2025

Musk has previously stated:

 

The report on SpaceX’s IPO plans sent EchoStar shares up 5% in premarket trading. This is because SpaceX recently bought $17 billion in AWS-4 and H-block spectrum licenses.

Let’s remind readers that SpaceX is effectively America’s rocket program – and it leads the world by light-years.

 

In terms of spacecraft upmass…

 

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SpaceX Plans Tender Offer At $250 Billion Valuation | ZeroHedge

Macro Tech Titan on November 15, 2024

From: zerohedge

SpaceX Plans Tender Offer At $250 Billion Valuation | ZeroHedge

Elon Musk could be on his way to becoming the first trillionaire by the end of the decade, as two of his private companies soar in value, while his public company, Tesla, recently surpassed a trillion dollars in market capitalization. 

A new report from the cites people familiar with the discussions, stating that Musk’s SpaceX–the world leader in rocket launches and high-speed space internet (via Starlink)–is preparing to launch a tender offer in December to sell existing shares at $135 each. This indicates that the rocket company’s valuation has surged by another $40 billion, reaching $250 billion, up from $210 billion earlier this year.

Starship rocket booster caught by tower pic.twitter.com/aOQmSkt6YE

— Elon Musk (@elonmusk) October 13, 2024

The people said Musk’s artificial intelligence startup xAI recently raised $5 billion at a valuation of $45 billion, doubling in just a few short months. Soaring values in Musk’s private companies have added to his overall net worth. 

Musk’s cozy relationship with the Trump administration will likely result in Tesla winning the multi-year EV price war. A Reuters report from Thursday detailed how Donald Trump was planning to eliminate the $7,500 consumer tax credit for EVs. In return, this would destroy Musk’s competition, such as Rivian, Luicid, and legacy automakers.

As we previously noted, “Musk’s strategy to win the EV price war: Build the largest EV business with taxpayer dollars, popularize EVs, allow other startups and OEMs to enter the market, and then support politicians who want to end EV subsidies, crushing the competition and leaving Tesla reigning supreme.”

Meanwhile, ‘the Trump bump’ in equity markets sent Tesla shares over the trillion-dollar market cap level this past week.

According to the Bloomberg Billionaires Index, Musk’s net worth has risen to $306.5 billion, up $77.5 billion on the year – primarily because of the latest Tesla price surge. 

In September, wealth-tracking website  published a report forecasting Musk could become the world’s first trillionaire by 2027. This news is likely disheartening for struggling WeWork co-founder Adam Neumann, who famously said in 2019 that he wanted to live forever and become the first trillionaire. 

Musk’s dominance in space, EVs, AI, and media–with no other billionaire even close to his level of success, and more importantly, to his contributions to the nation’s success in this global technology race–has only infuriated far-left, anti-American Democrats…

If you’re wondering how bitter the Left is at @elonmusk for trying to save America, Maddow is straight up demanding the Kamala administration (not gonna happen!) cancel all SpaceX govt contracts. Because “national security.” pic.twitter.com/kihdzhkAZS

— Buck Sexton (@BuckSexton) November 5, 2024

… who are now calling for the dismantling of Musk’s companies. 

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Elon Musk’s xAI raising up to $6 billion to purchase 100,000 Nvidia chips for Memphis data center

Macro Tech Titan on November 15, 2024

From CNBC:

Elon Musk’s artificial intelligence company xAI is raising up to $6 billion at a $50 billion valuation, according to CNBC’s David Faber.

Sources told Faber that the funding, which should close early next week, is a combination of $5 billion expected from sovereign funds in the Middle East and $1 billion from other investors, some of whom may want to re-up their investments.

The money will be used to acquire 100,000 Nvidia chips, per sources familiar with the situation. Tesla’s Full Self Driving is expected to rely on the new Memphis supercomputer.

Musk’s AI startup, which he announced in July 2023, seeks to “understand the true nature of the universe,” according to its website. Last November, xAI released a chatbot called Grok, which the company said was modeled after “The Hitchhiker’s Guide to the Galaxy.” The chatbot debuted with two months of training and had real-time knowledge of the internet, the company claimed at the time.

With Grok, xAI aims to directly compete with companies including ChatGPT creator OpenAI, which Musk helped start before a conflict with co-founder Sam Altman led him to depart the project in 2018. It will also be vying with Google’s Bard technology and Anthropic’s Claude chatbot.

Now that Donald Trump is president-elect, Musk is beginning to actively work with the new administration on its approach to AI and tech more broadly, as part of Trump’s inner circle in recent weeks.

Trump plans to repeal President Joe Biden’s executive order on AI, according to his campaign platform, stating that it “hinders AI Innovation, and imposes Radical Leftwing ideas on the development of this technology” and that “in its place, Republicans support AI Development rooted in Free Speech and Human Flourishing.”

First Look Inside SpaceX’s Starfactory w/ Elon Musk

Macro Tech Titan on August 28, 2024

From the Venture Capital Cross Blog –  Checkout this inside look at SpaceX with a casual interview with founder Elon Musk.  Say what you will about Elon, SpaceX is an amazing company that’s shooting up like a rocket.  Let’s listen to what he has to say directly:

More about SpaceX

SpaceX has established itself as a revolutionary force in the aerospace industry since its founding in 2002 by Elon Musk. The company has achieved numerous milestones that have transformed the landscape of commercial spaceflight and satellite communications.

Launch Services

SpaceX has become the world’s leading provider of launch services, offering cost-effective and reliable access to space. The company’s Falcon 9 rocket, known for its reusable first stage, has dramatically reduced launch costs and increased launch frequency. This reusability breakthrough came in 2015 when SpaceX successfully landed a Falcon 9 first stage, and by 2017, they were regularly reusing these stages for multiple missions.

Crewed Spaceflight

In 2020, SpaceX made history by becoming the first private company to send astronauts to the International Space Station (ISS). This achievement marked the beginning of a new era in commercial crewed spaceflight, with SpaceX now regularly transporting astronauts to and from the ISS for NASA.

Starlink

SpaceX has also ventured into the satellite internet market with its Starlink megaconstellation. As of 2023, Starlink had 3,660 active satellites in orbit, comprising half of all active satellites. This ambitious project aims to provide global broadband coverage, especially to underserved areas.

Future Endeavors

Looking ahead, SpaceX is focusing on its next-generation Starship spacecraft and Super Heavy rocket. This fully reusable system is designed for missions to the Moon, Mars, and beyond. SpaceX is investing heavily in Starship development, with reports suggesting an annual budget exceeding $1 billion for the project.SpaceX’s success has not only revolutionized the space industry but has also inspired a new wave of commercial space companies and investments. As the company continues to push the boundaries of space technology, it remains at the forefront of the ongoing transformation in space exploration and utilization.to push the boundaries of space technology, it remains at the forefront of the ongoing transformation in space exploration and utilization.