SpaceX is reportedly in discussions with four major Wall Street banks for an anticipated IPO in 2026, which may serve as a pivotal reset for the market.
The company has just finalized a tender offer at a valuation of $800 billion, with soaring demand in the secondary market. Should SpaceX launch its IPO at the potentially projected valuation of $1.5 trillion, it could set off a chain reaction of IPOs from other prominent late-stage unicorns like Stripe, Databricks, and others.
In an engaging episode of Equity, host Rebecca Bellan sits down with Greg Martin, Managing Director at Rainmaker Securities, to discuss what distinguishes this IPO, the trend of tech employees liquidating shares in secondary markets prior to public offerings, and what investors are actively seeking in pre-IPO investments.
Subscribe to Equity on YouTube, Apple Podcasts, Overcast, Spotify, and all major platforms. You can also follow Equity on X and Threads at @EquityPod.
### Hustle Verdict
Our take is that SpaceX’s upcoming IPO could be a groundbreaking event for the tech and finance industries. We believe it has the potential to reignite investment interest across the sector, particularly for other high-valued startups that have remained private for too long. The bottom line is, if SpaceX successfully captures a lofty valuation, it will likely encourage a new wave of public offerings, reshaping market dynamics and investor sentiment moving forward.

