Elon Musk’s SpaceX is reportedly preparing a new insider share sale that could value the space and satellite giant at $750 billion to $800 billion, according to people familiar with internal discussions. If finalized, this valuation would surpass OpenAI’s $500 billion record, making SpaceX the world’s most valuable privately held company once again.
The details were reviewed by the company’s board of directors during a meeting at Starbase, Texas, with final numbers dependent on seller interest and broader market conditions. One source noted that the share price under consideration exceeds $400 per share, a significant jump from the $212 per share valuation set earlier this year, when SpaceX was valued at around $400 billion.
IPO Possibility Strengthens
Sources indicate SpaceX could pursue an initial public offering as early as late 2026. A listing at an $800 billion valuation would place SpaceX among the 20 largest public companies globally, just below Musk’s Tesla. If SpaceX floated just 5% of its shares, the IPO would raise around $40 billion, eclipsing Saudi Aramco’s $29 billion listing currently the world’s largest.
Reports from the Wall Street Journal, Financial Times, and The Information suggest growing momentum behind the IPO plan, though the company has historically kept investors guessing.
Starlink and Rocket Dominance Drive Valuation
SpaceX’s soaring valuation is fueled by the unmatched performance of its Falcon 9 rocket, the world’s most frequently used orbital launcher, and its fast expanding Starlink satellite internet network. With more than 9,000 satellites in orbit, Starlink remains far ahead of emerging competitors, including Amazon’s Project Kuiper.
The company is simultaneously advancing Starship, the world’s most powerful rocket, designed to deploy massive batches of Starlink satellites and eventually carry humans to the Moon and Mars.
As SpaceX prepares for its next funding milestone, investor interest continues to surge positioning the company for one of the most anticipated IPOs in modern financial history.
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