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SpaceX Heads to $400bn Valuation in Share Sale

UNITED STATES, JUL 8 – SpaceX aims to raise capital and offer employees liquidity by selling new shares to insiders, targeting a $400 billion valuation, up from $350 billion in December 2024.

  • SpaceX, led by Elon Musk, is planning a share sale that could value the company at around $400 billion as of July 2025.
  • This planned fundraising follows a December 2024 tender offer that valued SpaceX at $350 billion and builds on prior rounds starting from $100 billion in 2021.
  • The deal involves a primary round selling new shares to investors, followed by a secondary offering of employee and early investor shares priced by the primary round.
  • SpaceX's valuation reflects its growing Starlink satellite internet, which generates over half its revenue and recently produced its 10 millionth kit, plus progress on the Starship rocket program.
  • If completed, this funding would mark the highest-ever valuation for a privately held U.S. company and surpass Musk's $395 billion net worth, illustrating SpaceX's expanding market value.
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World News broke the news in United States on Tuesday, July 8, 2025.
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