SpaceX has initiated a formal bidding process for investment banking services in preparation for a potential initial public offering, signaling growing momentum toward a public market debut. The move is drawing attention from investors tracking high-growth tech and aerospace firms.
- SpaceX has launched a competitive selection process for investment banks to support a potential IPO
- Starlink now has over 3.8 million active users, driving commercial and defense demand
- Company valuation exceeds $180 billion, among the highest for private firms globally
- Potential IPO could impact stocks like ROK, LTV, NIO, and SPAC activity in aerospace
- Process suggests a public debut may be possible within 12–18 months
- Underwriter choice may signal structural preferences, including dual-class shares or direct listing
SpaceX has begun a competitive selection process to appoint underwriters for a potential IPO, engaging major Wall Street banks in a 'bake-off' to secure advisory and placement services. The company is reportedly evaluating firms to manage the listing, which could mark one of the most significant public market entries in the aerospace and technology sectors in recent years. The effort comes as SpaceX continues to scale its Starlink satellite internet network, which now serves over 3.8 million active users globally, and expands its defense contracts with U.S. agencies. Financial details remain confidential, but sources indicate the company’s valuation exceeds $180 billion, making it one of the most valuable private firms in the world. An IPO could unlock substantial liquidity and reshape investor interest in space-focused equities. Stocks such as ROK (Rocket Lab), LTV (Leveraged Technology Ventures), and NIO (NIO Inc.) may see renewed attention, particularly if the offering includes a dual-class share structure or a direct listing component. Additionally, SPAC activity in the space sector could be reinvigorated, with several blank-check companies eyeing niche space technology opportunities. The timeline for a public offering remains uncertain, but the bank selection process suggests SpaceX is advancing toward a definitive decision within the next 12 to 18 months. Market participants are closely watching for signs of regulatory filings, investor roadshows, and final underwriter commitments.