ARK Says Starlink Supports $2 Trillion SpaceX Value as $75 Billion Nasdaq IPO Nears
Updated
Updated · CNBC · Jun 4
ARK Says Starlink Supports $2 Trillion SpaceX Value as $75 Billion Nasdaq IPO Nears
3 articles · Updated · CNBC · Jun 4
Summary
$2 trillion is a plausible valuation for SpaceX because Starlink alone could support it, ARK Invest's Brett Winton said ahead of the company's June 12 Nasdaq debut.
Starlink already generates about $13 billion in annual revenue and runs roughly 500 terabits per second of bandwidth, which ARK sees as the main engine of SpaceX's worth rather than launch services.
Starship underpins that thesis by sharply expanding capacity: each rocket could add about 60 terabits per second, and 10 launches could replicate Starlink's current network, Winton said.
SpaceX priced the IPO at $135 a share for a roughly $1.77 trillion valuation, aiming to sell 555.6 million shares for $75 billion, with underwriters able to add $11.2 billion more.
ARK ties that upside to AI demand, estimating foundation-model companies could create $15 trillion to $20 trillion in enterprise value by 2030, a market Starlink could help power.
Is SpaceX's record IPO a visionary bet on orbital AI or a speculative bubble built on staggering financial losses?
Will Elon Musk's near-total control accelerate SpaceX's vision or create unprecedented risk for investors?
Can moving AI data centers to space solve Earth's energy crisis, or is it an impossibly expensive dream?
SpaceX’s $1.75 Trillion IPO: Unprecedented Valuation, AI Ambitions, and the Risks Shaping the Biggest Public Listing in History
Overview
SpaceX is set to make history with its upcoming IPO, following a confidential SEC filing in March 2026. The company plans to list on Nasdaq on June 12, 2026, aiming for a record-breaking initial public sale. SpaceX has proposed a share price of $135, pushing its valuation to around $1.75 trillion, up from $1.25 trillion earlier this year. This ambitious valuation highlights strong investor interest and reflects SpaceX’s rapid growth and bold vision, as it prepares to join the ranks of the world’s most valuable companies.