A SpaceX Falcon 9 rocket carrying 24 Starlink satellites launched from Vandenberg Space Force Base in California on Wednesday, Feb. 11, 2026.

Space investors and dealmakers anticipate SpaceX’s planned IPO this year will trigger a surge of capital across the industry, but not without the risk of pulling investor attention away from other companies in the run-up.

SpaceX is prioritizing the moon over Mars, Elon Musk said, citing faster timelines and strategic urgency while maintaining the company’s long-term Mars ambitions.

A SpaceX Falcon 9 rocket is set to launch Feb. 11 from the Vandenberg Space Force Base in California. Here's where to watch liftoff in California.

Launch companies are divided on how to compete with SpaceX in a market where demand outstrips supply, yet customers remain price sensitive.

NASA will launch Crew-12 aboard a SpaceX Dragon on Feb. 11, with live coverage across platforms. Docking with the ISS is targeted for Feb. 12 at 10:30 a.m. EST.

The National Labor Relations Board, having accused the company of unfair retaliation in 2024, now says it has no jurisdiction over Elon Musk’s space company.

If Musk succeeds in taking SpaceX public this year, it will likely sell about 10% of its equity in the IPO, raising $125 billion. That figure would handily exceed Saudi Aramco’s IPO proceeds of $29.4 billion, the largest global IPO ever, and Alibaba’s IPO proceeds of $21.8 billion, still the largest ever in the US since its 2014 debut.