SpaceX aims for $800 billion valuation in secondary share sale, WSJ reports [CNBC]
Tesla, Inc. (TSLA)
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The report also said the company may look to go public as soon as late 2026. Elon Musk, who is CEO of both SpaceX and automaker Tesla, said in November he would consider taking SpaceX public even though he sees potential downsides. Dado Ruvic | Reuters Elon Musk's SpaceX, is initiating a secondary share sale that would give the company a valuation of up to $800 billion, The Wall Street Journal reported Friday. SpaceX is also telling some investors it will consider going public possibly around the end of next year, the report said. At the elevated price, Musk's aerospace and defense contractor would be valued above ChatGPT maker OpenAI, which wrapped up a share sale at a $500 billion valuation in October. SpaceX has been investing heavily in reusable rockets, launch facilities and satellites, while competing for government contracts with newer space players, including Jeff Bezos ' Blue Origin. SpaceX is far ahead, and operates the world's largest network of satellites in l
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