"The details, discussed by SpaceX's board of directors on Thursday at its Starbase hub in Texas, could change based on interest from insider sellers and buyers or other factors, said some of the people, who asked not to be identified as the information isn't public. SpaceX is also exploring a possible initial public offering as soon as late next year, one of the people said."
"Elon Musk on Saturday denied that SpaceX is raising money at a $800 billion valuation without addressing Bloomberg's reporting on the planned offering of insiders' shares. "SpaceX has been cash flow positive for many years and does periodic stock buybacks twice a year to provide liquidity for employees and investors," Musk said in a post on his social media platform X."
"The share sale price under discussion would be a substantial increase from the $212 a share set in July, when the company raised money and sold shares at a valuation of $400 billion. The Wall Street Journal and Financial Times earlier reported the $800 billion valuation target. The company wouldn't raise any funds though this planned sale, though a successful offering at such levels would catapult it past the record of $500 billion valuation achieved by OpenAI in October."
SpaceX is planning an insider share sale that could value the company as high as $750–$800 billion based on prices above $400 per share, according to people familiar with the matter. The board discussed details at Starbase in Texas and the terms could change depending on seller and buyer interest. The transaction would provide liquidity to employees and investors but would not raise new capital for the company. SpaceX is also exploring a potential initial public offering possibly as soon as late next year. Elon Musk denied raising money at an $800 billion valuation and said SpaceX has been cash-flow positive and conducts periodic buybacks.
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