SpaceX Plans Insider Share Sale at Up to $800 Billion Value
SpaceX board reviews a new insider sale above $400 per share, lifting valuation to $750–800B and putting a 2026 listing back in focus for investors.
Key Points
SpaceX is preparing an insider share sale that would place the company’s value between $750 billion and $800 billion, according to people familiar with the talks. The plan was reviewed by the board this week at Starbase in Texas.
The share price under consideration is above $400. The level may change based on interest from employees selling stock and investors buying it. In July, SpaceX priced shares at $212, giving the company a $400 billion valuation.
SpaceX did not respond to a request for comment. If completed, the new valuation would exceed the $500 billion figure previously linked to OpenAI.
Shares of EchoStar Corp. rose after the news. The satellite and wireless company has agreed to sell spectrum licenses to SpaceX in deals worth $2.6 billion and $17 billion.
SpaceX is the leading commercial launch provider through its Falcon 9 rockets. It also operates Starlink, a low-Earth-orbit network with more than 9,000 satellites, ahead of Amazon’s Kuiper project.
Raising funds at valuations above $100 billion while staying private is uncommon. A future listing at $800 billion would place SpaceX among the largest publicly traded companies worldwide, near Musk’s Tesla.
Selling 5% of SpaceX at that value would require a stock sale of $40 billion, larger than Saudi Aramco’s record IPO in 2019.
Public investors have delivered mixed outcomes for space companies this year. Karman Holdings has gained since its debut, while Firefly Aerospace and Voyager Technologies have fallen.
Executives have discussed the idea of a separate Starlink listing since 2020. Timelines have shifted, and the company has said such a move would come later, not immediately.
The Information reported that SpaceX has told investors it is aiming for a public offering of the entire company in the second half of next year.
A secondary sale would offer liquidity to early shareholders while SpaceX continues development of Starship, its heavy-lift vehicle designed to transport large payloads and future crews.
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