Musk says SpaceX report of 2026 IPO is 'accurate'
Published Thu, Dec 11 2025
2:02 PM EST
Chris Eudaily@chrisudailyWATCH LIVEKey Points
- Elon Musk said news that SpaceX is planning to go public in 2026 was "accurate."
- Multiple news outlets have reported that an IPO is in motion after a recent share sale valuing the company at about $800 billion.
- Musk ally Jared Isaacman is likely to be confirmed as the new NASA administrator.
The Axiom-4 mission, with a SpaceX Dragon spacecraft and Falcon 9 rocket, lifts off from Launch Complex 39A at NASA's Kennedy Space Center in Cape Canaveral, Florida, June 25, 2025.
Giorgio Viera | AFP | Getty Images
Elon Musk responded to the latest report that SpaceX is going public in 2026, calling it "accurate."
The article from Ars Technica's Eric Berger examined why this is the right time for Musk's space venture to IPO, and said the rise of artificial intelligence and opportunities for data centers in space play an important role in the move.
"As usual, Eric is accurate," Musk wrote on his social media platform X in response to Berger's article.
Musk's comment comes after multiple news outlets said that SpaceX was looking to go public in 2026, with The Information and Wall Street Journal both reporting on the likeliness of an IPO last week, as well as a new share sale valuing the company at about $800 billion.
Bloomberg said this week that the company was pursuing an IPO in 2026 and is looking to raise more than $30 billion.
Over the weekend, Musk said on X that reports of the $800 billion valuation were "not accurate" and addressed the amount his company gets from NASA.
"While I have great fondness for @NASA, they will constitute less than 5% of our revenue next year," Musk wrote. "Commercial Starlink is by far our largest contributor to revenue. Some people have claimed that SpaceX gets 'subsidized' by NASA. This is absolutely false."
SpaceX didn't immediately respond to a request for comment.
Heading into 2026, SpaceX and Tesla CEO Musk look set to gain a powerful ally in the government's space program.
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Jared Isaacman, who paid millions to lead two private spaceflights with SpaceX in 2021 and 2024, is likely to become the next NASA administrator and was voted through committee on Monday.
He now heads to a full Senate vote for confirmation.
SpaceX is a key contractor for NASA, but acting administrator Sean Duffy has criticized Musk's space operation for being behind on the Artemis moon trip, which has seen several delays.
Musk lashed out at Duffy, accusing him on X of "trying to kill NASA!"
Duffy, who is the secretary of transportation, was handed the reins of the space program this summer by President Donald Trump, after he pulled Isaacman's nomination following a clash with Musk.
Trump said at the time that Isaacman's relationship with Musk represented a conflict of interest.
The re-nomination of Isaacman at the beginning of November signaled that the relationship between Trump and Musk was on the mend, and the Tesla CEO's attendance at a White House dinner later that month solidified the return to camaraderie.
â CNBC's Lora Kolodny contributed to this report.
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