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SpaceX, the rocket company founded by Elon Musk, is finalizing a $1 billion share sale that would value the company at an astonishing $400 billion, according to a report from Bloomberg.

This tender offer allows SpaceX employees to sell shares at $212 each, providing early staffers and investors with a lucrative exit while simultaneously enhancing the company’s market standing.

The employee share sale comes when the firm’s value has reached new heights. The company has seen a dramatic rise in valuation in recent years, with $210 billion last summer, $350 billion in December, and now climbing to $400 billion.

This puts SpaceX on par with ByteDance, the owner of TikTok, and ahead of OpenAI, recently valued at $300 billion.

“This deal positions SpaceX alongside some of the most valuable companies in the world—even above names like Bank of America and Procter & Gamble,” one investor commented.

Political Turbulence and SpaceX Investor Confidence

Despite a high-profile fallout between Musk and Donald Trump, investors appear unfazed. Musk’s previously warm relationship with the Trump administration opened doors to lucrative federal contracts, but a recent public feud has prompted some to speculate about potential retaliation. Still, investor confidence remains high, and concerns about federal pushback or nationalization have not significantly dented enthusiasm.

“The cash keeps flowing, and the deals keep coming,” the report notes.

Mars Dreams and Starship Setbacks

Musk’s vision to make humans interplanetary remains the company's driving force. The Starship Super Heavy, designed to carry people and cargo to Mars, is central to this mission. However, real-world safety issues continue to plague SpaceX.

On June 26, a crane collapsed at the SpaceX Starbase facility in Texas. Captured on video by YouTube streamer Lab Padre, the incident has prompted an OSHA investigation. SpaceX has not commented, and it is unclear if there were injuries.

OSHA has a complicated history with SpaceX. In 2014, the agency faulted the company after an employee died on the job. More recently, OSHA’s budget cuts under the Trump administration have hampered investigations, shutting down 11 field offices.

Looking Ahead

As SpaceX continues to scale both in ambition and valuation, its path forward will be shaped by a mix of market confidence, political relationships, and the ability to mitigate safety risks tied to its high-stakes engineering efforts.

For more on the political implications, visit Cryptopolitan.