SpaceX Valued at $800B in New Share Sale
Update: 2025-12-05
Description
SpaceX, founded by Elon Musk, is reportedly launching a secondary share sale valuing the company at a staggering eight hundred billion dollars, surpassing OpenAI and making it Americas most valuable private company. This valuation reflects a growing trend in private markets, where companies achieve massive financial milestones without going public. SpaceX, established in 2002, has become a dominant force in commercial rocket launches and operates Starlink, its satellite internet service, with over eight million customers worldwide. The potential eight hundred billion dollar valuation underscores the immense growth and market confidence in SpaceXs diverse ventures, all while remaining a privately held entity.
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