"According to the WSJ, SpaceX is launching a secondary share sale that would value Elon Musk's rocket maker at $800 billion - double its recent $400 billion valuation and surpassing OpenAI to claim the title of America's most valuable private company. SpaceX has not responded to a request for comment; the Journal not did report on the scale of the offering."
"The eye-popping figure reflects how routine mega-valuations have become within private markets. OpenAI stands at $500 billion, while Anthropic reportedly surged last month to $350 billion following major investments from Microsoft and Nvidia, up from $183 billion just months earlier. These companies can now achieve public-market-scale valuations while remaining private, fueled by secondary sales that provide liquidity without the scrutiny of quarterly earnings reports."
SpaceX is launching a secondary share sale that would value the company at $800 billion, double its recent $400 billion valuation and surpass OpenAI as America's most valuable private company. SpaceX has not responded to requests for comment and the scale of the offering was not reported. Mega-valuations are routine in private markets, with OpenAI at $500 billion and Anthropic reportedly at $350 billion after investments from Microsoft and Nvidia, up from $183 billion months earlier. Secondary sales provide liquidity and let companies reach public-market-scale valuations while remaining private and avoiding quarterly earnings scrutiny. SpaceX, founded in 2002, dominates commercial rocket launches and runs Starlink, which had over eight million customers globally as of November.
Read at TechCrunch
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