SpaceX is in talks to raise fresh capital and sell insider shares in a deal that could value the company at $400 billion, according to Bloomberg. The $400 billion valuation would make SpaceX the most valuable privately held U.S. company, surpassing its previous record and rivaling ByteDance and OpenAI. SpaceX’s valuation is driven by the rapid growth of Starlink and ongoing progress with the Starship rocket program. Starlink now accounts for more than half of SpaceX’s revenue, boosting investor interest despite recent Starship testing failures. Elon Musk’s ongoing public feud with Trump adds to political uncertainty as SpaceX explores new growth and funding opportunities.
