SpaceX, Elon Musk's space company, which is aiming to go public next year, is reportedly valued at nearly 1,200 trillion won as of the article's publication date.
According to major international media outlets on December 13 (local time), SpaceX Chief Financial Officer Bret Johnsen stated in a letter to shareholders the previous day that the company has approved a plan for new and existing investors, along with the company itself, to purchase up to $2.56 billion worth of shares from internal shareholders at a price of $421 per share. Based on this, SpaceX's estimated corporate value reaches $800 billion, or approximately 1,182 trillion won.
In the letter, CFO Johnsen said, "We are preparing for an initial public offering (IPO) that could take place in 2026. Whether it will actually happen, when it will happen, and what the company’s valuation will be remain highly uncertain. However, if market conditions are favorable, we believe we could raise substantial funds through the listing." He added that, if the IPO is successful, the funds raised will be used for expanding Starship launches, building AI data centers in space, constructing the lunar base 'Alpha,' and both crewed and uncrewed Mars exploration missions.
SpaceX is currently considered the world's second most valuable unlisted startup, following OpenAI, the developer of ChatGPT. If it does go public, the company's valuation will depend on market conditions at the time. Some foreign media outlets have predicted that SpaceX could set a new record for the largest IPO ever, with an estimated valuation exceeding 2,000 trillion won.
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