SpaceX's valuation has reportedly reached around $400 billion following a new secondary share sale, making it one of the world’s most valuable private companies

SpaceX's valuation has reportedly reached around $400 billion following a new secondary share sale, making it one of the world’s most valuable private companies

SpaceX's valuation has reportedly reached around $400 billion following a new secondary share sale, making it one of the world’s most valuable private companies. This significant increase in valuation comes amidst a period of political and market volatility, particularly for Tesla and its CEO, Elon Musk.

The secondary share sale, which was not publicly disclosed, has raised questions about the company's financial health and future prospects. However, analysts suggest that the sale may indicate investor confidence in SpaceX's growth potential and its position in the space industry.

SpaceX's valuation surge coincides with a significant loss in Elon Musk's net worth. On July 1–2, 2025, Musk lost a staggering $12 billion in one day due to a sharp fall in Tesla's stock price, following an escalating public dispute with President Donald Trump [1]. This political feud, which also involved threats to strip Tesla of federal electric vehicle (EV) tax credits and cut off SpaceX's government contracts, has had a profound impact on Musk's wealth and the broader market.

Despite the political storm, SpaceX's valuation increase highlights the company's independent financial strength. SpaceX's growth is driven by its innovative technologies and ambitious projects, such as Starlink, which aims to provide global internet coverage.

The secondary share sale also underscores the growing interest in private companies among investors. BlackRock, for instance, has been expanding its private markets platform through acquisitions like ElmTree Funds and HPS Investment Partners [2]. This trend reflects a broader shift towards alternative assets in investment portfolios.

While SpaceX's valuation surge is a positive development, it remains to be seen how the company will navigate the challenges posed by political uncertainty and market volatility. Musk's wealth fluctuations, driven largely by Tesla's stock performance, serve as a reminder of the risks associated with investing in high-growth, politically sensitive companies.

References:

[1] http://m.economictimes.com/news/international/elon-musk-loses-12000000000-in-one-day-amid-trump-feud-and-tesla-crash-heres-what-caused-second-biggest-wealth-wipeout-in-human-history/articleshow/122206909.cms

[2] https://sg.finance.yahoo.com/news/blk-deepens-private-market-footprint-132600065.html