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SpaceX plans to sell internal shares at an $800 billion valuation and is planning to go public in the second half of next year.
PANews, December 6—According to sources cited by CLS, SpaceX is in talks to sell internal shares, a deal that would value Elon Musk’s rocket and satellite manufacturing company at $800 billion. If confirmed, this new transaction would once again make SpaceX the world’s most highly valued startup, surpassing the previous record of $500 billion set by OpenAI in October. This valuation marks a significant increase from the share price of $212 set in July, when the company raised funds and sold shares at a $400 billion valuation.
Two people familiar with the discussions revealed that SpaceX has informed investors and representatives from financial institutions that the company plans to conduct an initial public offering (IPO) in the second half of next year. The talks come as SpaceX considers allowing investors to sell their shares.