SpaceX's valuation could hit $800B with secondary share sale
06 Dec 2025

SpaceX, the aerospace manufacturer and space transportation company founded by Elon Musk, is reportedly in talks for a secondary share sale.

The move could value the company at a whopping $800 billion, double its recent valuation of $400 billion.

If successful, this would make SpaceX US's most valuable private company, surpassing OpenAI's current valuation of $500 billion.

SpaceX's secondary share sale: A strategic move
Market strategy

The proposed secondary share sale is a strategic move by SpaceX to provide liquidity without the need for quarterly earnings reports.

These types of transactions have become common in private markets, allowing companies to achieve public-market-scale valuations while remaining private.

Other tech giants like Anthropic and OpenAI have also witnessed massive increases in their valuations due to major investments from Microsoft and NVIDIA.

Business operations and potential IPO
Business expansion

Founded in 2002, SpaceX has established itself as a leader in commercial rocket launches.

The company also runs Starlink, a satellite internet service that had over eight million customers worldwide as of November.

There are reports that SpaceX could go public with an IPO as early as late next year, which could further boost its valuation and market standing.

SpaceX's insider share selling and market impact
Market response

The details of SpaceX's insider share selling were discussed by the company's board of directors at its Starbase hub in Texas.

The proposed share price is higher than $400 each, which would value the company between $750 billion and $800 billion.

This news has already affected other companies; EchoStar Corp's shares surged as much as 18% after it agreed to sell spectrum licenses to SpaceX for $2.6 billion last month.