SpaceX prepares for secondary sales with an 800 billion valuation
By ForGeeks
According to the WSJ, SpaceX is planning a secondary stock sale that would value Ilon Musk’s company at about $800 billion – double the previous valuation of $400 billion and surpassing the valuation of OpenAI, considered the most valuable private U.S. company.
At the time of publication, SpaceX had not commented on the information, and details of the scale of the proposed deal remain unknown.
This impressive valuation demonstrates how widespread mega-valuations are in the private markets. OpenAI is valued at $500 billion, and Anthropic, which recently attracted large investments from Microsoft and Nvidia, has reached a valuation of $350 billion – up from just $183 billion a month ago.
Anthropic’s valuation of $183 billion has been estimated to be as high as $500 billion.
Such valuations allow private companies to reach the level of publicly traded giants while staying out of the stock market. Secondary sales provide needed liquidity and the ability to raise capital without having to disclose quarterly reports.
SpaceX, founded in 2002, dominates the commercial rocket launch market and operates the Starlink satellite internet service, which had more than eight million customers worldwide as of November.
