ARK Invest once projected that SpaceX could reach a $2.5 trillion valuation by 2030.
But that timeline may come sooner than expected.
According to Reuters, a potential IPO could target a $1.75 trillion valuation. If that happens, SpaceX would become the 6th largest publicly listed company in the U.S., with the ability to raise up to $75 billion.
Data from Visual Capitalist suggests this valuation would place SpaceX close to Saudi Aramco and TSMC, while surpassing Meta, Berkshire Hathaway, and even Tesla.
Last year, SpaceX reported around $8 billion in operating profit on roughly $15–16 billion in revenue
Its growth has been impressive, reaching 51% in 2024, with some years hitting as high as 100%.
The main driver behind this surge is Starlink, which contributes between 50% and 80% of SpaceX’s total revenue. With high margins and massive scalability, Starlink is transforming SpaceX from a launch provider into a global telecom powerhouse.
At the same time, SpaceX’s launch business has reached technological maturity that few can match. Its reusable Falcon 9 set a record with 165 launches in 2025.
With a launch cadence of roughly once every two days and significantly lower costs, SpaceX is capturing market share even pushing competitors like Amazon to rely on Falcon 9 to deploy their own Project Kuiper satellites.
