SpaceX is reportedly preparing for an initial public offering (IPO) as early as mid to late 2026, targeting a valuation of approximately $1.5 trillion and aiming to raise over $30 billion.Elon Musk, SpaceX's founder and CEO, attributes the rising valuation to strong financial performance, positive cash flow, and progress with the Starship rocket system and the Starlink satellite internet network.The company projects 2025 revenue around $15 billion, with estimates for 2026 ranging from $22 billion to $24 billion, having set a record of 134 Falcon launches in 2024 and being a contender for Donald Trump's "Golden Dome" missile defense shield; related companies recently saw significant market activity.