SPACEX SOARS TO $400 BILLION VALUATION IN SHARE SALE

SpaceX, the aerospace titan led by Elon Musk, is poised to reach a $400 billion valuation through a new share sale, marking it as the most valuable private U.S. company in history.

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The deal, reported by Bloomberg, involves a primary fundraising round to sell new shares and a secondary tender offer allowing employees and early investors to cash out, with shares priced at around $214 each. This follows a $350 billion valuation in December, a 67% jump from June's $210 billion, driven by SpaceX’s dominance in rocket launches and its Starlink satellite internet unit. The $400 billion figure surpasses TikTok parent ByteDance’s $300 billion and OpenAl's $150 billion, rivaling public giants like Home Depot and Palantir. SpaceX’s financial strength, with $500 million of its own funds in the December $1.25 billion buyback, underscores its cash flow, fueled by $10 billion in 2024 revenue. The sale, not yet finalized, could shift based on investor demand, but its scale reflects SpaceX’s grip on the $60 billion space industry.

Musk’s influence, bolstered by ties to the incoming Trump administration, has fueled investor enthusiasm, with the deal boosting his net worth past $400 billion, per the Bloomberg Billionaires Index. Yet, the valuation’s rapid climb—doubling in a year—raises questions about sustainability as competitors like Rocket Lab and regulatory hurdles loom.

STARLINK AND LAUNCHES DRIVE GROWTH

SpaceX’s valuation surge is powered by its dual pillars: the Falcon rocket family and Starlink’s satellite internet. The company holds an 80% share of the U.S. satellite launch market, with 81 Falcon 9 launches in 2025's first half, per Spaceflight Now. Its reusable rockets, costing $90 million per launch versus United Launch Alliance’s $400 million, have slashed costs, securing $700 million in U.S. Space Force contracts in October alone. Starlink, with 4.6 million subscribers and 7,000 satellites, delivers 215 Mbps speeds, outpacing Viasat's 20 Mbps, and generates $6.8 billion annually.