SpaceX is set to price its initial public offering on Thursday, with first trades expected Friday, in what is projected to be a record-breaking raise of at least $85 billion. The company's valuation and the IPO's scale have been widely anticipated for months.
Bullish analysts point to Starlink as the primary revenue driver, predicting it could generate hundreds of billions by 2030. Starship's larger payloads are expected to accelerate Starlink's direct-to-cell business, potentially allowing it to dominate global markets either as a carrier replacement or infrastructure layer.