SpaceX Targets Staggering $800 Billion Valuation in Blockbuster New Share Sale
Elon Musk's aerospace juggernaut is aiming for the stratosphere—financially speaking. A fresh share sale positions SpaceX to join the exclusive club of companies valued at three-quarters of a trillion dollars.
The New Math of Moonshots
Forget traditional metrics. The valuation isn't about next quarter's profits; it's a bet on colonizing Mars, global satellite internet, and rewriting the rules of space logistics. Investors are buying a slice of the final frontier, where the potential market isn't a country—it's a planet. Or several.
Private Capital's Final Frontier
This move bypasses public markets entirely, keeping the company's ambitious, long-term playbook away from the quarterly earnings circus. It's a masterclass in funding galactic ambition without the pesky scrutiny of retail investors asking about dividend schedules. The private money pool, it seems, is deep enough to fund a few moonshots.
The move signals a stark reality: the biggest, most transformative bets are now placed well before the IPO bell rings. For everyone else? You get the scraps—or you can try catching a ride. Just remember, in high finance as in rocket science, the biggest explosions usually happen on the launchpad.
Starlink subscriber numbers climb while military ties deepen
SpaceX is still launching rockets faster than anyone else, but the bigger story might be Starlink. That satellite internet business is now sitting on top of 8 million active customers, including homes, businesses, and airlines.
Those satellites are padding out SpaceX’s books with real money and making the $800 billion number feel a little less crazy to backers.
The company has already dropped around 9,000 satellites into low-Earth orbit to build out that global network, and they’re not done.
There’s also a strong military thread running through all this. SpaceX runs launches and satellite contracts not only for NASA, but also for the Pentagon and the U.S. intelligence community. That includes secretive national security payloads and tech that never makes the press.
Commercial satellite missions are just one part of the mix now. The defense angle has been growing more central to the company’s mission as more governments look for direct space capabilities.
Beyond launching satellites, SpaceX is also working on a way to connect satellites straight to smartphones, no towers. That got real when SpaceX moved to buy large chunks of radio spectrum from EchoStar, the satellite company. In total, SpaceX committed over $20 billion in cash, stock, and debt to lock in the frequencies.
“We are so pleased to be doing this transaction with @EchoStar and working with operators across the globe to advance our mission to end mobile dead zones everywhere on Earth,” said Gwynne Shotwell, the company’s President, in a post on X.
SpaceX moves 1,083 BTC as crypto traders track its wallets
While Wall Street was trying to figure out whether the $800 billion price would hold, SpaceX made a massive Bitcoin transfer that grabbed attention from crypto traders. Arkham Intelligence reported that the company moved 1,083 BTC last Friday.
It wasn’t the first time.
This was the eighth bitcoin transfer connected to SpaceX, and it came just as BTC dipped to $91,000 ahead of the day’s crypto options expiry and a new U.S. inflation readout.
The movement was detailed down to the sat. 283 BTC worth $31.33 million stayed unspent and landed in a wallet labeled bc1qrzg. A separate $162.48 worth of Bitcoin got pushed to Coinbase Prime, likely for liquid access.
Then, the rest (800 BTC) valued at $73.73 million, got transferred to another holding wallet tagged bc1qyh. As usual, none of these transactions came with a company comment or explanation.
In the end, SpaceX is still plowing cash into Starship, the massive rocket it’s building to send astronauts to the moon under contract with NASA.
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