SpaceX’s $1 Billion Share Sale Cements $400 Billion Valuation Amid Political Turbulence
SpaceX is offering $1 billion in shares at a staggering $400 billion valuation, allowing employees to sell holdings at $212 per share. The tender offer follows a December buyback that pushed the company's valuation to $350 billion, now placing it alongside ByteDance and surpassing OpenAI's $300 billion mark. Even S&P 500 giants like Bank of America trail behind Elon Musk's aerospace venture.
Investors remain unfazed by Musk's public feud with former President Donald Trump, who received $250 million in campaign support from the billionaire. Despite concerns about potential retaliation against SpaceX's federal contracts, the share sale demonstrates robust market confidence. The deal proceeds without apparent hesitation—capital flows freely where innovation leads.