America’s best and worst airlines for 2025 revealed in new rankings The company’s chief financial officer Bret Johnsen confirmed to employees that month that SpaceX could go public at some point in 2026, though he stressed that the exact timing of a deal and whether it would happen at all remained “highly uncertain.” “The thinking is that if we execute brilliantly and the markets cooperate, a public offering could raise a significant amount of capital,” Johnsen said in an internal memo obtained by The Wall Street Journal at the time. SpaceX’s Starship lifts off during its fifth flight test in Boca Chica, Texas, in October 2024. REUTERS Johnsen also confirmed that SpaceX was separately conducting a secondary share sale that would set a pre-IPO valuation of $800 billion. That would affirm SpaceX as the world’s most valuable privately-held company. SpaceX will need the influx of cash as it looks to pursue a number of Musk’s pet projects – including eventual plans to return to the Moon, establish a colony on Mars and launch data centers for artificial intelligence into space. Filed under