{"id":429853,"date":"2025-12-07T00:10:12","date_gmt":"2025-12-07T00:10:12","guid":{"rendered":"https:\/\/www.europesays.com\/us\/429853\/"},"modified":"2025-12-07T00:10:12","modified_gmt":"2025-12-07T00:10:12","slug":"spacex-to-offer-insider-shares-at-record-setting-800-billion-valuation","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/us\/429853\/","title":{"rendered":"SpaceX\u00a0to offer insider shares at record-setting $800 billion valuation"},"content":{"rendered":"

SpaceX<\/a> is preparing to sell insider shares in a transaction that would value Elon Musk\u2019s rocket and satellite maker at as much as $800 billion, people familiar with the matter said, reclaiming the title of the world\u2019s most valuable private company.\u00a0<\/p>\n

The details, discussed by SpaceX\u2019s board of directors on Thursday at its Starbase hub in Texas, could change based on interest from insider sellers and buyers or other factors, said some of the people, who asked not to be identified as the information isn\u2019t public. SpaceX is also exploring a possible initial public offering as soon as late next year, one of the people said.\u00a0<\/p>\n

Another person briefed on the matter said that the price under discussion for the sale of some employees and investors\u2019 shares is higher than $400 apiece, which would value SpaceX at between $750 billion and $800 billion. The company wouldn\u2019t raise any funds though this planned sale, though a successful offering at such levels would catapult it past the record of $500 billion valuation achieved by OpenAI in October.<\/p>\n

Elon Musk on Saturday denied that SpaceX is raising money at a $800 billion valuation without addressing Bloomberg\u2019s reporting on the planned offering of insiders\u2019 shares.\u00a0<\/p>\n

\u201cSpaceX has been cash flow positive for many years and does periodic stock buybacks twice a year to provide liquidity for employees and investors,\u201d Musk said in a\u00a0post<\/a>\u00a0on his social media platform X.\u00a0<\/p>\n

The share sale price under discussion would be a substantial increase from the $212 a share\u00a0set in July<\/a>, when the company raised money and sold shares at a valuation of $400 billion. The Wall Street Journal and Financial Times earlier reported the $800 billion valuation target.<\/p>\n

News of SpaceX\u2019s valuation sent shares of EchoStar<\/a> Corp., a satellite TV and wireless company, up as much as 18%. Last month, EchoStar had\u00a0agreed to sell<\/a>\u00a0spectrum licenses to SpaceX for $2.6 billion, adding to an earlier agreement to sell about $17 billion in wireless spectrum to Musk\u2019s company.<\/p>\n

Subscribe Now: The\u00a0Business of Space newsletter<\/a>\u00a0covers\u00a0NASA, key industry events and trends.<\/p>\n

The world\u2019s most prolific rocket launcher, SpaceX dominates the space industry with its Falcon 9 rocket that lifts satellites and people to orbit.<\/p>\n

SpaceX is also the industry leader in providing internet services from low-Earth orbit through Starlink, a system of more than 9,000 satellites that is far ahead of\u00a0competitors<\/a>\u00a0including Amazon<\/a>.com Inc.\u2019s Amazon Leo.<\/p>\n

Elite Group<\/p>\n

SpaceX is among an elite group of companies that have the ability to raise funds at $100 billion-plus valuations while delaying or denying they have any plan to go public.\u00a0<\/p>\n

An IPO of the company at an $800 billion value would vault SpaceX into another rarefied group \u2014 the 20 largest public companies, a few notches below Musk\u2019s Tesla<\/a> Inc.\u00a0<\/p>\n

If SpaceX sold 5% of the company at that valuation, it would have to sell $40 billion of stock \u2014 making it the biggest IPO of all time, well above Saudi Aramco\u2019s $29 billion listing in 2019. The firm\u00a0sold<\/a>\u00a0just 1.5% of the company in that offering, a much smaller slice than the majority of publicly traded firms make available.<\/p>\n

A listing would also subject SpaceX to the volatility of being a public company, versus private firms whose valuations are closely guarded secrets. Space and defense company IPOs have had a mixed reception in 2025. Karman Holdings Inc.\u2019s stock has nearly tripled since its debut, while Firefly Aerospace Inc. and Voyager Technologies Inc. have plunged by double-digit percentages since their debuts.<\/p>\n

SpaceX executives have\u00a0repeatedly floated<\/a>\u00a0the idea of spinning off SpaceX\u2019s Starlink business into a separate, publicly traded company \u2014 a concept President Gwynne Shotwell first suggested in 2020.\u00a0<\/p>\n

However, Musk cast doubt on the prospect publicly over the years and Chief Financial Officer Bret Johnsen said in 2024 that a Starlink IPO would be something that\u00a0would take place<\/a>\u00a0more likely \u201cin the years to come.\u201d<\/p>\n

The Information, citing people familiar with the discussions, separately reported on Friday that SpaceX has told investors and financial institution representatives that it\u2019s aiming for an IPO of the entire company in the second half of next year.<\/p>\n

Read More:\u00a0How to Buy SpaceX: A Guide for the Eager, Pre-IPO<\/a><\/p>\n

A so-called tender or secondary offering, through which employees and some early shareholders can sell shares, provides investors in closely held companies such as SpaceX a way to generate liquidity.<\/p>\n

SpaceX is\u00a0working to develop<\/a>\u00a0its new Starship vehicle, advertised as the most powerful rocket ever developed to loft huge numbers of Starlink satellites as well as carry cargo and people to moon and, eventually, Mars.<\/p>\n","protected":false},"excerpt":{"rendered":"SpaceX is preparing to sell insider shares in a transaction that would value Elon Musk\u2019s rocket and satellite…\n","protected":false},"author":3,"featured_media":428497,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[64,66,2527,67,132,68],"class_list":{"0":"post-429853","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-business","8":"tag-business","9":"tag-elon-musk","10":"tag-spacex","11":"tag-united-states","12":"tag-unitedstates","13":"tag-us"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@us\/115675386618324600","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/429853","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/comments?post=429853"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/429853\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media\/428497"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media?parent=429853"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/categories?post=429853"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/tags?post=429853"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}