SpaceX has told investors it is planning for an IPO in late 2026, according to a new report from The Information. Elon Musk’s rocket company is also discussing a share sale for employees and investors that would value the company at around $800 billion, which would make it the most valuable private company and put it back ahead of OpenAI.

The presentation shown to investors referenced this timeline. SpaceX also indicated that the entire company including Starlink would be listed together, rather than spinning off Starlink as Musk previously floated.

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