Garmin

February 3, 2026, 4:18 AM EST. Sequoia Capital partner Shaun Maguire predicts SpaceX's forthcoming IPO will be the healthiest wealth-creation event in history, arguing the company is worth about $800 billion, up from $36 billion in 2019. Maguire, who has backed five Musk ventures, says the market underestimates Musk's value. He cites SpaceX's expansion beyond rockets to Starlink, a laser-based vacuum network with more than 9,000 satellites delivering fast intercontinental links, and D2D (direct-to-cell) satellite tech that could upend fixed broadband by 2028. With Starship moving to mass production in 2026, SpaceX could use excess launch capacity to power AI-focused space data centers, unlocking a trillion-dollar space computing market. Maguire frames the IPO as the largest wealth-creation movement in history.