SpaceX Sum-of-the-Parts Valuation
Median fair market value by segment, June 2026 (USD billions)
Starlink Consumer
$380B
xAI / Grok
$258B
Starship
$170B
Starlink Enterprise
$147B
Gov / Defense
$123B
Falcon Launch
$100B
Direct-to-Cell
$75B
SOTP Fair Value
$1,250B
IPO Target
+29%
$1,750B
FutureSearch
Segments $1,253B + cash $12B − debt $15B = $1,250B SOTP. Forecasted by FutureSearch.