SpaceX Aims for $800 Billion Valuation in New Share Sale

Elon Musk's SpaceX is discussing a share sale that would value the private rocket company at approximately $800 billion, according to people familiar with the matter. This proposed valuation would make it the world's most valuable private startup. The share sale would place SpaceX's worth significantly above that of other leading startups. It would surpass artificial intelligence firm OpenAI, reclaiming the top position SpaceX has held in the past. SpaceX has rapidly increased its valuation in recent years through repeated funding rounds. The company's operations now span satellite internet, with its Starlink constellation, and deep-space transportation, including missions for NASA. An $800 billion valuation would solidify SpaceX's status as a dominant force in the aerospace and technology sectors. The share sale discussions are ongoing, and final terms could still change.