Space

Musk’s SpaceX Plans Share Sale That Would Value Company at About $400 Billion

Vehicles outside Starbase near Boca Chica, Texas, in 2024.Photographer: Sergio Flores/AFP/Getty Images

Provide news feedback or report an error

Confidential tip?

Send a tip to our reporters

Site feedback:

Take our Survey

By Loren Grush, Katie Roof, and Edward Ludlow

July 15, 2025 at 7:10 PM UTC

Updated on

July 15, 2025 at 7:37 PM UTC

Elon Musk’s SpaceX is planning an insider share sale that would value the company at about $400 billion, according to people familiar with the matter.

The deal marks a rapidly climbing value for Musk’s rocket and satellite maker, and cements SpaceX’s status as the most valuable private startup in the world.