SpaceX reportedly in talks for secondary sale at $800B valuation, which would make it America’s most valuable private company

SpaceX is reportedly gearing up for a secondary share sale that could position the company at a staggering valuation of $800 billion, according to the Wall Street Journal. This valuation is double its previous estimate of $400 billion and would elevate SpaceX to the status of the most valuable private company in the United States, surpassing OpenAI. While SpaceX has not commented on this development, the details surrounding the scale of the offering remain unclear. This remarkable valuation illustrates the trend of soaring valuations in the private sector, where companies are increasingly achieving significant worth without going public. OpenAI currently holds a valuation of $500 billion, while Anthropic recently surged to $350 billion following substantial investments from tech giants like Microsoft and Nvidia. This rapid increase marks a jump from just $183 billion a few months prior. The ability of these companies to command such high valuations while staying private is largely attributed to secondary sales, allowing them to raise capital and provide liquidity without the pressures of quarterly earnings announcements. Founded in 2002, SpaceX has established itself as a leader in commercial rocket launches and operates Starlink, a satellite internet service that boasts over eight million customers worldwide as of November.