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Elon Musk's company SpaceX could soon reach a valuation of $350 billion. In any case, this is what is indicated by a Bloomberg article which, citing sources close to the matter, explains that SpaceX would be in negotiations to sell insider shares, as part of an operation that could value the company at 350 billion dollars.
According to the American agency, the last known valuation of SpaceX was $210 billion. And previous rumors had mentioned a valuation of $250 billion, after the sale of shares. But now, we are talking about $350 billion.
Of course, since this information is not yet official, caution is still required. In addition, Bloomberg indicates that discussions are still ongoing, and that the details of the operation could change depending on the interest of sellers of SpaceX shares and those who wish to buy. In any case, this rumor is circulating while the value of Tesla shares has increased by 40% in one month, after the election of Donald Trump.
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If SpaceX's valuation reaches $350 billion, it will confirm its position as the world's most valuable startup. Indeed, the valuation of Elon Musk's company would exceed what Bytedance, the owner of TikTok, could reach. Recently, we relayed rumors of a deal that could value Bytedance at $300 billion. As for OpenAI, the creator of ChatGPT, it recently saw its valuation rise to $157 billion, following a $6.6 billion fundraising.
As a reminder, companies like SpaceX, Bytedance or OpenAI are not listed on the stock exchange. As a result, it is difficult to know how much they are worth. However, they regularly raise funds, or sell shares, which allows us to know the new official valuation.
- SpaceX is reportedly preparing an insider share sale and this deal could bring its valuation to $350 billion, according to Bloomberg sources
- However, for now, caution is still required and the details are still pending on ongoing discussions
- But in any case, this valuation would make SpaceX the most valuable startup in the world (ahead of Bytedance and OpenAI)
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