Key Points
- SpaceX, led by CEO Elon Musk, remains one of the most valuable private companies globally, valued at approximately $400 billion.
- While Musk is uninterested in taking SpaceX public, he is open to a potential spinoff and IPO of its Starlink satellite internet business.
- Estimates suggest Starlink could be valued between $30 billion and $300 billion upon going public, with a revenue forecast of $12.3 billion by 2025.
Investors are keen to acquire shares in SpaceX, but CEO Elon Musk has expressed no plans to take the company public. Instead, he has indicated a possible spinoff for Starlink, the profitable satellite internet service owned by SpaceX, which could occur within the next few years. Although Musk previously estimated a Starlink IPO wouldn’t happen until 2025 or later, he later suggested that raising funds privately made a public offering less urgent.
Currently, SpaceX’s valuation sits at around $400 billion, primarily driven by Starlink. Revenue projections for Starlink indicate it could reach $12.3 billion by 2025, with estimated valuations for a public offering ranging widely from $30 billion to as much as $300 billion, depending on various analysts. However, Musk has conveyed a cautious approach to public listing, balancing Starlink’s role as a key revenue generator for SpaceX with the business’s ongoing funding from private investors.
