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SpaceX and its investors have agreed to purchase up to $1.25 billion in internal stock, bringing the valuation of Elon Musk’s company to $350 billion, according to an internal email seen by Bloomberg. This deal sets the price per share at $185, a significant increase from $112 less than three months ago.
The transaction, which includes a takeover offer of up to $500 million from SpaceX, reinforces its position as the world’s most valuable private startup, surpassing many public companies in market capitalization. This occurs in a context of post-election optimism that has boosted the businesses of Musk, who now has a fortune estimated at $384 billion, according to the Bloomberg Billionaires Index.
SpaceX’s impact on the aerospace industry
SpaceX, formally known as Space Exploration Technologies Corp., has proven to be a key player in the aerospace industry, taking satellites, cargo and people to space on missions for NASA, the Pentagon and commercial partners. In addition, it continues to expand its Starlink satellite network, which provides Internet services globally.
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The current valuation underscores SpaceX’s success in establishing itself as a leader in space launches and the development of advanced communications infrastructure.
The connection with Trump and the injection of liquidity
Investor optimism surrounding Musk’s close ties to President-elect Donald Trump has been a key factor in this valuation increase. This deal also represents an opportunity for employees and initial shareholders to generate liquidity through a secondary offering.
With this milestone, SpaceX reinforces its leadership in the space race and positions itself for sustained growth in a rapidly evolving market.
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