SpaceX is preparing for a transaction that could see Elon Musk’s rocket and satellite company valued at up to $800 billion, Bloomberg News reported on Saturday. The company, which leads the industry in orbital launches and internet services via its Starlink satellite constellation, is reportedly exploring a tender offer that would surpass previous private company records and could set the stage for an initial public offering as soon as 2026. Advertisement
SpaceX’s board of directors discussed the latest proposal on Thursday at its Starbase facility in Texas. The details remain subject to change and are dependent on the level of interest from both insider sellers and prospective buyers. As one person briefed on the matter stated, "Another person briefed on the matter said that the share p

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