Elon’s Mars Blueprint Advances as Leak Reveals SpaceX Preparing a $1.5T IPO for 2026

Elon a decade ago: I’m going to build a civilization on Mars…

Entire Internet (minus Tesla fanboys): “This guy’s joking, right?”

Today: Reports say SpaceX is planning a 2026 IPO…

Those same people: “You son of a b*tch, I’m in.”

Because now it’s not just Elon tweeting about terraforming and Martian democracies… there’s a very real chance SpaceX hits the public markets in a $25+ billion IPO that could value the rocket factory at over $1 trillion.

Yes, the most unhinged mind in the world could soon be running not one but TWO trillion dollar publicly traded companies (get your popcorn and brokerage account ready).

According to someone familiar with the matter (aka someone who definitely signed an NDA and is praying Elon doesn't track them via Starlink), the company is already talking with banks about a June or July 2026 listing. 

And if this actually happens, it would be one of the biggest IPOs in human history… like Saudi Aramco-level.

(Source: Bloomberg)

The hype machine is powered by Starlink, of course. What started as a “cute little satellite project” is now a global internet empire strapped to reusable rockets. 

Direct-to-mobile service is on the way, military contracts are printing, and the company is now reportedly using IPO funds to build orbital data centers. As in: cloud computing… in space. Bezos is somewhere punching a drywall panel in Blue Origin HQ.

And then there’s Starship… the stainless-steel skyscraper rocket designed to yeet humans to the moon, Mars, or wherever Elon sends the coordinates too. But in all seriousness, the program is actually progressing, which is terrifying because that means Elon’s “civilization on Mars” rant from 2018 might not have been a bit.

Wall Street is going nuts on the rumor. Rightfully so, considering the IPO market has spent the last three years in a medically induced coma, and now here comes Elon with the financial equivalent of a defibrillator set to MAX. 

Executives are already whispering that if SpaceX goes public, a flood of unicorns (OpenAI, Anthropic, and every random startup with “AI” in its name) will stampede into the public markets right behind it.

But there’s a tiny complication: SpaceX is… how do you say… expensive. As one former ECM head put it:  “I’d be suspect if OpenAI or SpaceX are worth $1T based on their revenues and growth rates.”

But when has valuation ever stopped anyone? Uber went public at $75B losing money faster than a crypto exchange during a DOJ raid.

Here’s the paradox: SpaceX is a generational engineering miracle. The first reusable rockets. The biggest satellite network in human history.  Etc.

On the other hand, SpaceX is also a terrible candidate for the public markets. Capital-intensive. Moon-shots instead of earnings. Led by a man who spends more time on Twitter than working on fulfilling his promises to Tesla shareholders.

Gwynne Shotwell once said they wouldn’t IPO until “we’re flying regularly to Mars.” So either they've changed their mind… or Elon is about to promise a Mars shuttle service in 2026 to justify the roadshow.

If they list at $1.5T and only sell 5%, they’d need to unload $75 billion of stock… the largest IPO ever by a factor of “are you f***ing kidding me.”

But none of that will matter, because: If you skip a mega-deal that moons 30-50% out of the gate, you get fired.

That’s how portfolio managers go extinct. They’ll gripe all day, but they’ll still show up with cash the second the IPO window cracks open.

Of course, Musk has denied the rumors… but his track record of denial mostly serves as a countdown to him doing the exact thing he denied.

Also, pro tip: when this thing finally prices, shorting anything is probably a terrible idea.

At the time of publishing this article, Stocks.News holds positions in Tesla and Uber as mentioned in the article.