A potential SpaceX IPO has reignited speculation that Elon Musk could become the world's first trillionaire, given the rocket and satellite company's last private valuation of around $350 billion and its dominant position across launch services, Starlink broadband, and emerging defense contracts.
SpaceX currently holds a near-monopoly on commercial orbital launch capacity in the United States, and Starlink's subscriber base has grown into a recurring-revenue business that analysts have valued independently at well over $100 billion. A public listing at even a modest premium to the last private round would push Musk's net worth — already the highest on record — into territory no individual has reached.
No IPO timeline has been formally announced. Musk has previously indicated he has little incentive to take SpaceX public while capital markets remain accessible privately, but investor appetite and the scale of Starlink's addressable market continue to fuel the conversation.
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