SpaceX has informed investors and representatives of financial institutions that it plans to pursue an initial public offering in the second half of next year, the Information reported on Friday, citing two people familiar with the discussions.
The rocket-maker, founded by Elon Musk, is considering a public listing of the entire company, including Starlink, its internet satellite service, according the report.
Musk had said in 2020 that SpaceX planned to list Starlink several years in the future, once its revenue growth became smooth and predictable.
SpaceX did not immediately respond to a Reuters request for comment.
The news of the potential IPO follows a media report that said SpaceX is kicking off a secondary share sale that would value the rocket-maker at $800 billion, pitting it against OpenAI for the title of the most valuable private company.
SpaceX's finance chief, Bret Johnsen, told investors about the sale in recent days, the Wall Street Journal reported earlier on Friday, citing people familiar with the matter. The new potential valuation is double the $400 billion value it fetched in a recent secondary share sale.
The $800 billion valuation would put SpaceX ahead of ChatGPT-parent OpenAI, which is valued at $500 billion as of October, making it the most valuable privately held company in the world, according to Crunchbase data.
Separately, Bloomberg News on Friday reported that SpaceX is preparing to sell insider shares that could include a per-share price of around $300, which would value the company at roughly $560 billion.
Several billionaires and private firms, including SpaceX and Jeff Bezos' Blue Origin, are fueling a new space race in the U.S., pouring money into rockets, satellites and lunar missions.
