Magnetite is a widespread inorganic or bio-mineral with very specific and extraordinary chemical properties in terms of acid-base and oxidation-reduction behavior, thermal stability and oxygen mobility. Despite the existence of many synthesis methods, the formation mechanisms of this mineral are actively investigated and frequently debated. The co-precipitation reaction (2Fe 3+ + Fe 2+ + 8OH − → Fe3O4 + 4H2O) is the most widespread method to synthesize magnetite under laboratory conditions and at industrial scale. However, the early stages of magnetite formationnucleation events and precursors/transient phases formationare still questioned and their kinetics is poorly characterized. Here, we perform two series of experiments that differ by how the solutions are mixed: i) injection of an iron-rich solution into an alkaline aqueous solution; and ii) injection of an alkaline solution into an iron-rich solution. We show that dynamic in situ Raman spectroscopy provides invaluable information on the direct and indirect nucleation of magnetite nanoparticles (<15nm) from aqueous solution. When a mixed-valent iron solution (0.5M Fe 2+ + 0.5M Fe 3+ ) is injected (2.3 or 12 ml/minute) into an alkaline solution (4M of NaOH); dark colloidal particles form instantaneously and the magnetite signal is rapidly detected in Raman spectra after 3 or 7 minutes, depending of the injection rate. This result demonstrates that the mixed-valent iron is instantaneously dehydrated leading to the formation of magnetite-like colloidal (or primary) particles peaking in the range 674-678 cm -1 in the Raman spectra, with peak position stabilizing rapidly at 673 cm -1 . Conversely, when alkaline solution is added into the mixed-valent iron solution, Raman spectroscopy reveals a complex reaction mechanism and kinetics. Firstly, iron dehydration (315 cm -1 ) and formation of green rust (500-503 cm -1 ) as transient phase related to olation process are detected and interpreted by the formation of hydroxo bridges accompanied with 3 expelling of molecular water. Secondly, green rust and available ferric iron (ions or colloids) react to nucleate magnetite nanoparticles via an oxolation process related to the formation of oxo bridges accompanied with the expelling of hydroxylated water. We also quantified the nucleation time of magnetite and the hydrophilic-to-hydrophobic change in the suspension by the temporal behavior of bending mode of molecular water. Our results show that, under our experimental conditions, amorphous transient phases during direct or indirect magnetite formation from ionic solutions do not exist or that such phases do not show a specific Raman signature.