SpaceX in talks to raise funding at $400 billion valuation

SpaceX, the aerospace giant founded by Elon Musk, is reportedly preparing to raise new capital in a move that could push its valuation to around $400 billion. According to Bloomberg, the company is planning to sell new shares to insiders while also conducting a tender offer that would allow employees to sell part of their stock to select investors.

This dual approach—raising fresh funds through a traditional fundraising round while offering liquidity to employees—reflects SpaceX’s typical fundraising strategy. The company generally holds tender offers twice a year, providing a rare opportunity for early employees and shareholders to cash in on a portion of their holdings.

If the reported valuation holds, this would mark a significant jump from SpaceX's last known valuation of $350 billion during a tender offer in December 2024. The company’s valuation has seen extraordinary growth over the past few years. It first surpassed the $100 billion mark in October 2021, and within just three years, it has nearly quadrupled that figure.

While talks are still in progress and the final terms of the deal could change, the move signals continued confidence in SpaceX’s ambitious projects. The company is the undisputed leader in commercial spaceflight, launching satellites for private and government clients and developing the Starship rocket intended for missions to the Moon and Mars.

If finalized, the new valuation would further cement SpaceX’s position as one of the world’s most valuable private companies, rivaled only by a handful of tech giants and unicorn startups in scale.