SpaceX Valuation Soars to $800 Billion in Private Share Sale, Report Says

Elon Musk’s SpaceX is targeting an enormous new valuation. According to a report from the Wall Street Journal, a secondary share sale is in the works. This deal would value the rocket and satellite company at $800 billion.

That figure is double its recent valuation of around $400 billion. It would also make SpaceX the most valuable private company in the United States. The report did not detail the size of the share offering. SpaceX has not publicly commented on the matter.

Private Markets Enter Era of Mega-Valuations

The staggering $800 billion figure highlights a major trend. Massive valuations are becoming normal in private markets. OpenAI, for instance, is currently valued at about $500 billion. Another AI firm, Anthropic, saw its valuation leap recently.

Anthropic’s valuation reportedly hit $350 billion last month. That was up sharply from $183 billion just months earlier. Major investments from tech giants like Microsoft and Nvidia fueled that rise. These companies are achieving public-market scale while staying private.

Secondary sales provide liquidity without an IPO. This lets companies avoid the quarterly scrutiny of public markets. SpaceX, founded in 2002, has two dominant business lines. It is the world’s leading commercial rocket launch provider.

It also operates the Starlink satellite internet service. Starlink now has over 8 million customers globally. This rapid growth in a critical infrastructure sector underpins its soaring valuation. The company’s success is reshaping both space and communications.

The reported $800 billion SpaceX valuation marks a pivotal moment for private capital. It cements the company’s status as a titan of modern industry far beyond its aerospace roots.

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What is a secondary share sale?

A secondary sale involves existing investors selling their shares to new buyers. The company itself does not issue new shares or raise capital directly. This process allows early backers to cash out some gains.

Why is SpaceX so valuable?

SpaceX holds a dominant position in commercial rocket launches. Its reusable Falcon rockets drastically cut costs. The Starlink satellite internet service is also a rapidly growing global business with millions of subscribers.

How does this valuation compare to Tesla?

Tesla’s market capitalization is approximately $500 billion as of recent trading. The reported $800 billion valuation for SpaceX would place it significantly higher than Elon Musk’s electric car company.

Will SpaceX go public with an IPO soon?

Elon Musk has stated that Starlink will eventually be spun out for an IPO. He indicated this would likely happen once its revenue growth becomes more predictable. A full SpaceX IPO timeline remains uncertain.