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Elon Musk Confirms SpaceX IPO Plans for 2026, Denies NASA Subsidy Claims

Elon Musk has confirmed that reports indicating SpaceX is planning to go public in 2026 are accurate, responding to a recent article by Ars Technica’s Eric Berger. Musk wrote on his social media platform X, “As usual, Eric is accurate,” endorsing Berger’s analysis that the timing aligns with growing opportunities in space-based infrastructure, particularly as artificial intelligence drives demand for advanced data centers in orbit. Multiple media outlets, including The Information, the Wall Street Journal, and Bloomberg, have reported that SpaceX is actively preparing for an IPO in 2026. Bloomberg noted the company is aiming to raise over $30 billion in the public offering, with a potential valuation of around $800 billion. However, Musk clarified on X over the weekend that the $800 billion figure is not accurate, calling it a misrepresentation. He also took the opportunity to address misconceptions about SpaceX’s revenue sources, emphasizing that NASA contracts will account for less than 5% of the company’s revenue next year. “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.” Despite the clarification on valuation, Musk’s endorsement of the 2026 IPO timeline suggests the company is moving forward with its long-term strategy to go public. The move comes as SpaceX continues to expand its Starlink satellite network, which has become a major revenue driver, and as the U.S. government increasingly relies on private space companies for national security and communication infrastructure. With Musk also leading Tesla, the potential dual public presence of two of his most high-profile ventures could draw significant investor interest. As SpaceX positions itself for a major leap into the public markets, its upcoming IPO could mark a pivotal moment in the commercialization of space and solidify Musk’s influence across both aerospace and technology sectors.

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Elon Musk Confirms SpaceX IPO Plans for 2026, Denies NASA Subsidy Claims | Trending Stories | HyperAI