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.
