SpaceX Valuation Surges to $350 Billion Amid New Tender Offer

Insider Brief

• SpaceX has nearly doubled its valuation within a year, reaching $350 billion after announcing a tender offer allowing employees to sell shares to approved investors.
• The tender offer includes a buyback of up to $500 million worth of common stock directly by SpaceX.
• The current valuation is based on a per-share price of $185, reflecting a two-thirds increase from $112 per share in SpaceX’s last stock purchase round less than three months ago.

SpaceX has nearly doubled its valuation within a year, reaching $350 billion. This significant increase comes as the company announces a tender offer allowing employees to sell shares to approved investors, as reported by Bloomberg. The tender offer includes a buyback of up to $500 million worth of common stock directly by SpaceX.

The current valuation is based on a per-share price of $185, reflecting a two-thirds increase from $112 per share in SpaceX’s last stock purchase round less than three months ago. This marks a notable jump from the company’s valuation trajectory earlier in 2024, which included $210 billion in June and $255 billion in November.

SpaceX regularly conducts these tender offers, providing liquidity to employees whose compensation often includes stock options. This practice has allowed the company to retain talent while enabling investors to participate in its growth.

The valuation surge underscores SpaceX’s rising influence in the space industry and beyond. Elon Musk, the company’s founder and CEO, continues to benefit from these developments, with Bloomberg’s Billionaires Index reporting his net worth at $384 billion—a $155 billion increase this year alone.

The developments occur alongside Musk’s growing influence in political and technological spheres. His new role as co-leader of the Department of Government Efficiency (DOGE) under President Donald Trump’s administration has fueled investor confidence. Other Musk ventures, including xAI and Tesla, have also seen valuation gains, further highlighting his broad economic impact.