SpaceX to Begin IPO Advisory Firm Selection Process This Week

Steps Taken with Next Year's IPO in Mind
Wall Street Remains Optimistic About Next Year's IPO Market

SpaceX is officially beginning the process for an initial public offering (IPO). The company is expected to soon hold presentations for investment banks (IBs) as part of selecting IPO advisors.

According to the Wall Street Journal (WSJ) on December 14 (local time), the investment banking industry will participate in SpaceX’s advisor selection presentations this week.

The news of SpaceX’s potential listing was confirmed when Brett John, Chief Financial Officer (CFO), announced to employees last Friday that the company is starting preparations with a possible IPO next year in mind. In a message to staff, CFO John stated, “If we continue to execute our business successfully and market conditions are favorable, we will be able to raise significant capital through an IPO.” However, he also emphasized that the timing of the listing and whether it will actually happen remain “highly uncertain.”

The investment banking industry now considers the U.S. IPO market to have emerged from a downturn. As a result, regardless of whether SpaceX goes public, the outlook for the IPO market in 2026 is positive. Previously, it was reported that SpaceX was pursuing a secondary share sale that could raise its valuation from 400 billion dollars to 800 billion dollars.

Meanwhile, SpaceX is a U.S. space launch and transportation company founded in 2002. Elon Musk started the company with the goal of reducing the cost of space access through reusable rockets and Starship, ultimately aiming for Mars exploration. The company’s valuation has grown even further recently, driven by an increase in customers for its satellite internet service, Starlink.