SpaceX sets record with 86 billion US dollar IPO

SpaceX has significantly impacted the global IPO market, with its 2026 initial public offering raising approximately 86 billion US dollars. This figure represents the largest IPO in history, more than triple the previous record held by Saudi Aramco, and contributed to a record global issuance volume of 186.8 billion US dollars in the first half of the year.

Financial analyses suggest SpaceX could see substantial growth through 2031, with revenue projections ranging from 493 billion to over one trillion US dollars. Key drivers for this growth include Starlink, which recently doubled its subscriber base to roughly twelve million, and expanding AI infrastructure and solutions, which saw revenues rise to 2.19 billion US dollars in the second quarter. Based on analyst consensus and specific valuation models, the company's market capitalization could potentially reach approximately 4.26 trillion US dollars.