Zion Kelly
12-14 03:48

Private Markets: Musk’s SpaceX targets 2026 IPO at valuation of $1.5T


Elon Musk’s SpaceX is moving ahead with plans for an initial public offering that would seek to raise “significantly more” than $30B at a market value of about $1.5T. Meanwhile, Agentic engineering startup Port raised $100M in a Series C funding round at $800M valuation.

$Tesla Motors(TSLA)$  

Elon Musk’s SpaceX is moving ahead with plans for an initial public offering that would seek to raise “significantly more” than $30B at a valuation of about $1.5T, which would make it the biggest listing of all time, people familiar with the matter told Bloomberg’s Ed Ludlow and Eric Johnson. SpaceX’s management and advisers are pursuing a listing as soon as mid-to-late 2026, but the timing of the IPO could change based on market conditions and other factors, and one of the people said the timing could slip until 2027, the report noted. Other publicly traded companies in the space include FireFly Aerospace (FLY), Rocket Lab (RKLB), Intuitive Machines (LUNR), EchoStar (SATS), Boeing (BA), AST SpaceMobile (ASTS), Virgin Galactic (SPCE), Lockheed Martin (LMT), Northrop Grumman (NOC), and L3Harris Technologies (LHX).

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$Meta Platforms, Inc.(META)$  



META Cuts Metaverse Budget: Can it Close Its Earnings Gap?
Meta CEO Mark Zuckerberg is reportedly considering cutting the metaverse division’s 2026 budget by up to 30%. According to Mizuho analysts, if the rumored scale of the “budget cut” is accurate, it could boost Meta’s 2026 EPS by around $2, potentially driving a significant rally in the stock. After Meta’s recent earnings report, the stock plunged sharply, leaving behind a large earnings gap. If the stock manages to fill that gap, Meta could return to $750. Would you continue to hold it? Is it still a good idea to add to the position now?
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