SpaceX Valuation Soars in Insider Share Sale

SpaceX has authorized an insider share sale valuing the company at $800 billion. Offering shares at $421 each, SpaceX is also considering a public offering in 2026. If successful, the IPO could raise over $25 billion, boosting its valuation above $1 trillion. It is currently the second most-valuable private startup.

On Friday, Bloomberg News reported that SpaceX authorized an insider share sale, valuing Elon Musk's enterprise at an impressive $800 billion. The shares are being offered at $421 each.

Reports indicate that SpaceX, a major player in the private aerospace sector, is gearing up for a potential public offering slated for 2026. This move could see the company's valuation rise above $1 trillion.

According to Crunchbase, SpaceX stands as the second most-valuable private startup globally, following OpenAI, known for creating ChatGPT. The company did not provide further comments, and attempts by Reuters to verify the news were not fruitful.