Connect with us

Science & Technology

SpaceX is coming to the public markets, and secondaries are already on fire | Equity Podcast

SpaceX is reportedly lining up four major Wall Street banks for a 2026 IPO that could provide the reset the market needs. The company just completed a tender offer at an $800 billion valuation, and secondary market demand is through the roof. If SpaceX goes public anywhere near its rumored $1.5 trillion valuation, it could…

Published

5 months ago

on

SpaceX is reportedly lining up four major Wall Street banks for a 2026 IPO that could provide the reset the market needs.

The company just completed a tender offer at an $800 billion valuation, and secondary market demand is through the roof. If SpaceX goes public anywhere near its rumored $1.5 trillion valuation, it could trigger an IPO cascade for other late-stage unicorns like OpenAI, Stripe, and Databricks.

Today on TechCrunch’s Equity podcast, Rebecca Bellan spoke with Greg Martin, Managing Director at Rainmaker Securities, to discuss why this IPO feels different, how tech employees are cashing out through secondary markets before companies go public, and what investors are actually looking for in pre-IPO shares.

Chapters:
00:00 Introduction

01:39 The Booming Secondary Market for Pre-IPO Shares

04:06 SpaceX as an IPO Bellwether

06:31 Why Elon Musk Changed His Mind on Going Public

10:04 The Race to a Trillion-Dollar Valuation

12:27 The Elon Halo Effect on Valuations

15:17 What Signals an Upcoming IPO?

17:50 How Secondaries Drive Better Price Discovery

20:47 How SpaceX Secondaries Actually Work

24:03 What Investors Want from Pre-IPO Companies

25:11 The Have and Have-Not World of Secondaries

26:42 Outro
Subscribe to Equity on ⁠YouTube⁠,⁠ Apple Podcasts⁠,⁠ Overcast⁠,⁠ Spotify⁠ and all the casts. You also can follow Equity on⁠ X⁠ and⁠ Threads⁠, at @EquityPod.

Related Topics:
Continue Reading
Advertisement
4 Comments

4 Comments

  1. @christianguzman92

    January 28, 2026 at 2:44 pm

    Love it

    Reply

  2. @LamNguyen-je7so

    January 29, 2026 at 12:13 am

    Who does the hiring for techcrunch? That girl obviously has bias against Elon Musk and has no clue about Tesla. Credit to the guy to have restraint and not scuff at her idiocy

    Reply

    • @PhongNguyen-nz9kz

      January 30, 2026 at 7:51 am

      I think it’s just her

      Reply

  3. @RussellThomason

    January 29, 2026 at 3:11 am

    The host is an uninformed biased idiot.

    Reply

Leave a Reply

Your email address will not be published. Required fields are marked *

CNET

The US Government Doesn’t Want You to Buy This Car

Xpeng brought Mashable reporter Amanda Yeo to China to experience the new VLA 2.0 autonomous driving model inside its P7 electric vehicle. 0:00 The Car the US Government Doesn’t Want You to Buy 0:18 Meet XPENG: China’s High-Tech Tesla Rival 0:39 How VLA 2.0 Autonomous Driving Works 1:43 Stress Testing Self-Driving in Hectic Traffic 2:21…

Published

17 hours ago

on

June 14, 2026

By

Xpeng brought Mashable reporter Amanda Yeo to China to experience the new VLA 2.0 autonomous driving model inside its P7 electric vehicle.

0:00 The Car the US Government Doesn’t Want You to Buy
0:18 Meet XPENG: China’s High-Tech Tesla Rival
0:39 How VLA 2.0 Autonomous Driving Works
1:43 Stress Testing Self-Driving in Hectic Traffic
2:21 The Challenge of “Corner Cases” in Autonomy
2:43 Hands-Free Self-Parking Demo
3:00 Heads-Up Display and Interior Tech
3:24 XPENG’s Personal Flying Machines
4:22 Why Chinese EVs are Banned in the US

Add CNET as a trusted news source
Never miss a deal again! See CNET’s browser extension 👉
Check out CNET’s Amazon Storefront:

Subscribe to CNET on YouTube:
Follow us on TikTok:
Follow us on Instagram:
Follow us on Bluesky:
Like us on Facebook:
CNET’s AI Atlas:
Follow us on X:
Visit CNET.com:

#xpeng #electricvehicle #automobile #car #electricvehicle #china

Continue Reading

CNET

How to Get Free 3D Files for Adaptive Xbox Controller Parts

Xbox dropped complementary, 3D printable files in on its Xbox Design Lab site for users to customize and create their own adaptive thumbstick toppers (if you have access to a 3D printer, anyway). There are seven customizable shapes compatible with the standard Xbox wireless controller and the Elite Wireless Controller Series 2, plus the Xbox…

Published

1 day ago

on

June 13, 2026

By

Xbox dropped complementary, 3D printable files in on its Xbox Design Lab site for users to customize and create their own adaptive thumbstick toppers (if you have access to a 3D printer, anyway). There are seven customizable shapes compatible with the standard Xbox wireless controller and the Elite Wireless Controller Series 2, plus the Xbox Adaptive Joystick. CNET senior writer Antuan Goodwin tried them out. #xbox #adaptivegaming #accessibility #controllers #gaming

Continue Reading

CNET

Hiding the iPad? New Apple Parental Controls Can Help

Although certain child restrictions aren’t new at Apple, the company is expanding its parental controls and working with the American Academy of Pediatrics to learn more about digital guidelines for children, the company announced at WWDC 2026. Here are a few we demoed. #apple #wwdc #ipad #childsafety #screentime

Published

2 days ago

on

June 12, 2026

By

Although certain child restrictions aren’t new at Apple, the company is expanding its parental controls and working with the American Academy of Pediatrics to learn more about digital guidelines for children, the company announced at WWDC 2026. Here are a few we demoed. #apple #wwdc #ipad #childsafety #screentime

Continue Reading

Trending