SpaceX in talks to raise new funding at $400B valuation

SpaceX, the groundbreaking aerospace company founded by Elon Musk, is reportedly on the cusp of securing a monumental new funding round that could skyrocket its valuation to an unprecedented $400 billion. This significant development, as reported by Bloomberg, involves the sale of new shares to a select group of insiders, signaling immense confidence in the company’s future trajectory.

The proposed strategy for this capital injection involves a dual approach: a primary fundraising round for new capital coupled with a tender offer. The tender offer would specifically allow existing employees to divest a portion of their shares to a curated group of investors. This mechanism is a familiar one for SpaceX, which typically conducts such tender offers twice annually, providing liquidity to its long-term contributors.

This potential valuation marks a substantial leap in SpaceX’s already impressive financial ascent. The company, which commenced operations over two decades ago, first broke the $100 billion valuation barrier in October 2021. Demonstrating accelerated growth, this figure doubled to $200 billion just three years later. The current discussions, if finalized, would represent a sharp increase from the $350 billion valuation achieved during its last tender offer in December 2024, as previously covered by TechCrunch.

While the discussions are still in progress and the final terms, including the precise valuation, remain subject to change, the sheer scale of this potential funding round underscores the market’s bullish outlook on SpaceX’s ambitious endeavors. With its pioneering work in reusable rocketry, satellite internet services through Starlink, and the development of Starship for Mars missions, SpaceX continues to redefine the boundaries of space exploration and technology, attracting significant investor interest.

This new capital would undoubtedly fuel SpaceX’s ongoing projects, from expanding its Starlink constellation to advancing the development and testing of its next-generation Starship rocket, crucial for its long-term vision of human colonization of Mars. The aerospace giant’s consistent ability to attract vast sums of private capital highlights its pivotal role in shaping the future of space commercialization and beyond.