SpaceX is moving forward with an insider share sale that values Elon Musk’s rocket and satellite maker at about $800 billion, setting up what could be the largest initial public offering of all time.

SpaceX is planning to raise tens of billions of dollars through an initial public offering next year, multiple outlets have reported, and Ars can confirm. This represents a major change in thinking from the world’s leading space company and its founder, Elon Musk.

Investors eyeing SpaceX's potential blockbuster IPO may need to brace themselves as CEO Elon Musk balances his risky quest to reach Mars with growing the revenue-rich Starlink satellite broadband business that would offer more reliable shareholder returns.

A SpaceX executive brought up the incident to encourage greater coordination between satellite operators. The Chinese launch provider, CAS Space, is trying to learn more details.

The Atlas V will be in a 551 configuration launching 27 satellites in Amazon’s seventh overall operational launch (and fourth with ULA). This would increase the constellation to 180 of the planned 3,236 total needed to be in orbit by July 2029.

SpaceX, the Elon Musk-owned aerospace company, may go public next year. Reporting from the Wall Street Journal and Bloomberg revealed recent plans to put the company on the stock exchange with a potential $1.