SpaceX is currently engaged in discussions with investors regarding a fresh round of share sales. Its valuation is anticipated to skyrocket to a staggering $800 billion, surpassing OpenAI and potentially securing its position as the world's most valuable unicorn company. Remarkably, SpaceX's valuation has doubled in a mere five months, having reached $400 billion as recently as July. This equity sale is being facilitated through a secondary stock sale, meaning the funds raised will not be directly infused into the company. The proposed transaction stock price is estimated to hover around $300, and at this valuation, SpaceX's worth could soar to $560 billion.
SpaceX has set its sights on conducting an Initial Public Offering (IPO) in the latter half of next year. The company's core operations encompass rocket launches and satellite operations, with the Starlink project emerging as a significant revenue generator. At present, company executives are considering bundling the satellite and rocket launch businesses together for listing. Projections indicate that SpaceX's revenue for this year is expected to hit $15.5 billion, surpassing that of OpenAI. As SpaceX's IPO draws nearer, OpenAI's plans to go public are facing heightened pressure.
