"SpaceX is preparing to sell insider shares in a transaction that would value Elon Musk's rocket and satellite maker at a valuation higher than OpenAI's record-setting $500 billion, people familiar with the matter said. One of the people briefed on the deal said that the share price under discussion is higher than $400 apiece, which would value SpaceX at between $750 billion and $800 billion, though the details could change."
"The company's latest tender offer was discussed by its board of directors on Thursday at SpaceX's Starbase hub in Texas. If confirmed, it would make SpaceX once again the world's most valuable closely held company, vaulting past the previous record of $500 billion that ChatGPT owner OpenAI set in October. Preliminary scenarios included per-share prices that would have pushed SpaceX's value at roughly $560 billion or higher, the people said."
SpaceX is preparing to sell insider shares that could value the company above OpenAI's $500 billion record. A discussed share price above $400 would imply a valuation between $750 billion and $800 billion, though deal details could change. The board reviewed a tender offer at SpaceX's Starbase in Texas. Confirming the sale would make SpaceX the most valuable closely held company. Preliminary scenarios included per-share prices that could set valuation near $560 billion or higher. The July share price was $212, reflecting a $400 billion valuation. The deal has influenced related satellite and spectrum market activity.
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