SpaceX Aims for 4000 Billion Dollar Valuation with New Funding Round

SpaceX is reportedly in discussions to raise funds and sell internal shares, which could potentially value the company at approximately 4000 billion dollars. This would make SpaceX the highest-valued private company in the United States, surpassing the 3500 billion dollar valuation from its stock repurchase in December of the previous year. This move would also place SpaceX on par with ByteDance and OpenAI in terms of valuation.

The potential funding round and internal share sales are part of SpaceX's strategic efforts to secure additional capital for its ambitious projects. The company has been at the forefront of space exploration and technology, with notable achievements such as the development of reusable rockets and the Starlink satellite internet constellation. These advancements have positioned SpaceX as a leader in the private space industry, attracting significant investment and attention.

The proposed valuation of 4000 billion dollars would not only set a new record for private companies in the United States but also highlight the growing importance of the space industry. SpaceX's innovative technologies and successful missions have demonstrated the potential for private companies to play a crucial role in space exploration and development. This funding round could provide SpaceX with the resources needed to continue pushing the boundaries of space technology and expand its operations.

Despite being a top player in the rocket launch services industry, SpaceX has faced setbacks, including the explosion at a test site in Texas in June. The company is now focused on resuming the development of its revolutionary launch system. The recent public disagreements between the world's wealthiest individual and the U.S. President over significant spending and tax cuts, as well as hints at forming a new political party, have further strained the strategic alliance between the two, which had previously benefited the company's business empire.

SpaceX is reportedly planning to adopt a "main and auxiliary" fundraising strategy. This involves a small-scale new stock issuance, similar to an 850 million dollar fundraising round in 2021, while simultaneously initiating a secondary sale of shares held by employees and early investors. The price of the secondary sale will be anchored to the price of the new stock issuance. However, the specific terms may be adjusted based on internal buying intentions, as there have been similar flexible operations in previous company buybacks.