SpaceX Valuation Reaches $210 Billion, Record for American Private Company

SpaceX's valuation hits $210 billion, a record for US private firms, driven by a surge in share price.

### SpaceX Valuation Reaches Record $210 Billion Amid Private Share Trading
* 💰  SpaceX achieves a new valuation of **$210 billion**, a record for an American private company, based on its latest tender offer.
* 📈  The company's valuation has surged from **$180 billion at the end of 2023** to **$210 billion**, with the share price increasing from **$97 to $112**.
* 🚀  While SpaceX is not the world's most valuable private company (ByteDance holds that title), the recent **jump in valuation** is significant.
* 💼  Owning SpaceX shares is challenging, as the primary methods are **working at SpaceX to receive stock as part of compensation**, or **participating in tender rounds as a VC or private investor**.
* 🛰️  There is anticipation that SpaceX will eventually conduct an IPO for its satellite unit, leading to the **spin-off of shares**.
* 📞 " You could phone Elon Musk, you could phone the CFO if you know them, or you could try and get in on one of these tender rounds if you're a VC or another private investor.
* 🎯  Acquiring SpaceX shares before the potential satellite unit IPO is seen as a **strategic move**, but it remains a **difficult task**.

SpaceX has a new valuation of $210 billion, and that's a record for an American private company. It's based on its latest tender offer. That's where a company, in this case SpaceX, allows employees and other insiders to sell shares privately to private investors. So back at the end of 2023, we reported at Bloomberg, based on $97 a share in a tender, that SpaceX had a valuation of $180 billion. The share price has jumped to $112 a piece, giving you that $210 billion valuation. SpaceX is not the most valuable private company in the world, that's ByteDance, the parent of TikTok, but it's a hell of a jump. And so many of you have reached out and said, well, I want to be a shareholder of SpaceX, I want some of those private shares, how do I do it? The answer is, well, work at SpaceX, get stock as part of your comp, but you'd have to be there for quite a long time. You could phone Elon Musk, you could phone the CFO if you know them, or

you could try and get in on one of these tender rounds if you're a VC or another private inv. but it's so hard to do. the anticipation is that SpaceX will spin off staring its satellite unit in an IPO down the line. so you want to get hold of some shares now before that happens. which is easier said than done.

#elonmusk's #spacex is now worth about $210 billion #space #technology

Welcome to the Bloomberg Technology YouTube channel. Subscribe for original series and mini-docs on game-changing technologies, profiles on innovators, live conversations with experts, and breaking technology news & analysis from Bloomberg TV.

Bloomberg Technology

SpaceX Reaches Record Valuation of $210 Billion

SpaceX's valuation has reached a record $210 billion, making it the most valuable American private company.

The increase from $180 billion at the end of 2023 is attributed to a jump in share price from $97 to $112 per share.

Acquiring SpaceX's private shares is challenging and usually limited to employees and insiders, with Elon Musk being a potential contact for this purpose.

Venture capitalists and private investors face challenges in participating in SpaceX's tender rounds.

There is anticipation of SpaceX spinning off its satellite unit for an IPO in the future, creating a desire to acquire shares early.

However, obtaining shares before the IPO is a difficult task.