Musk hints at possible SpaceX IPO in X post after media reports

Musk hints at possible SpaceX IPO in X post after media reports

Musk hints at possible SpaceX IPO in X post after media reports

Dec 10 (Reuters) – Billionaire Elon Musk on Wednesday hinted at ​a possible SpaceX initial ‌public offering in a social media ‌exchange with Ars Technica space journalist Eric Berger, following reports of a possible listing of ⁠the rocket ‌maker in 2026.

“As usual, Eric is accurate,” Musk ‍said, in reply to Berger’s post saying “Here’s why I think SpaceX is ​going public soon,” that linked ‌his Ars Technica article on SpaceX’s plans to go public.

Reuters and others reported on Tuesday that SpaceX was looking to ⁠raise more than $25 ​billion through an ​IPO in 2026, a move that could boost the ‍rocket-maker’s ⁠valuation to more than $1 trillion.

SpaceX did not immediately respond to ⁠a request for comment.

(Reporting by Ananya ‌Palyekar in Bengaluru; Editing ‌by Jamie Freed)

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