SpaceX Insider Share Sale Could Value SpaceX at $800 B — Overshadowing OpenAI
It seems that SpaceX, the private space-and-satellite company, is gearing up for a secondary share sale that might put the company’s value at as much as $800 billion, which is a figure that would surpass the highest valuation of OpenAI.
Besides, the sources indicate that the secondary stock offering is a tender offer. This means that current shareholders, including employees, will be able to convert a part of their shares into cash whereas the company will not get new money by the conventional way of a funding round.
On condition that the $800 billion valuation is true, the company’s value will be almost twice as much as its previous ones combined. The huge leap in the value of the company is a clear indication of the investors’ trust in the core business of SpaceX, which, along with the rocket-launch operations, also includes the satellite-internet service, Starlink.
As a matter of fact, some of the reports imply that the move could be a prelude to a public offering early as 2026. Consequently, that possibility is the main reason for the increased focus on SpaceX’s financial performance and the way it stacks up against the other private-tech giants.
Nevertheless, not all are convinced that the $800 billion figure is correct. In an interview, despite the flurry of rumors in the press, the CEO and founder of SpaceX has said that the company is not on the lookout for such a level of capital, that the company has been generating its own cash for quite a few years, and that the share sale is merely an offer of liquidity to investors and employees.
The issue of a possible valuation jump is as significant for SpaceX as it is for the whole tech world, a clear signal that investor expectations remain very high for the companies that are building the infrastructure that will enable the future of space-, and satellite-based communications. If SpaceX’s value goes over $800 billion, the way private tech ventures will be valued might change substantially, notably those which say they are ready to go public.
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