SpaceX Nears Record as Musk Targets $800B Valuation

Business

SpaceX is in discussions with investors about a share sale that could value Elon Musk’s company at an unprecedented $800 billion — doubling its current estimated worth of $400 billion. If successful, the deal would once again make SpaceX the most valuable private company in the United States.

SpaceX Nears Record as Musk Targets $800B Valuation
According to The Financial Times, the talks concern a private stock offering. As The Wall Street Journal notes, OpenAI currently holds the title of America’s most valuable private tech firm, but an $800 billion valuation would shift that title back to Musk.

SpaceX investors have long anticipated an IPO. The company is a major contractor for U.S. government space programs and continues to expand its global Starlink satellite network, driving sustained investor interest. Still, there is no guarantee the market will support such a high valuation.

The SpaceX IPO is planned for 2026, and the ongoing negotiations may become a pivotal step ahead of the company’s public debut.

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