SpaceX is in talks to sell insider shares, potentially boosting the company’s valuation to approximately $350 billion, according to sources familiar with the discussions. This would represent a significant increase from the previously considered $255 billion valuation reported just a month ago by Bloomberg News and other outlets. If realized, this surge would cement SpaceX’s position as the world’s most valuable private startup. The company was last valued at $210 billion during a tender offer earlier this year.
SpaceX, officially known as Space Exploration Technologies Corp., has not yet responded to requests for comment.
The ongoing discussions, centered around a secondary offering (also known as a tender offer), would allow employees and early investors to sell their shares. While the final details remain fluid and could shift depending on demand from potential buyers and sellers, the deal provides a rare liquidity event for insiders of the closely held company.
The potential valuation jump reflects the broader growth of Elon Musk’s business empire, which has experienced substantial gains since the U.S. presidential election. Tesla’s stock, for instance, has risen 42% since November 5, contributing to a significant increase in Musk’s net worth, which now stands at around $353 billion, according to the Bloomberg Billionaires Index.
At a $350 billion valuation, SpaceX would be among the world’s largest companies by market capitalization, rivaling some of the biggest publicly traded corporations.
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