According to The Wall Street Journal, SpaceX, led by the world's richest man Elon Musk, will launch a secondary stock sale that could value the company at $800 billion, surpassing OpenAI's $500 billion. SpaceX might consider going public around the end of next year.

Elon Musk hinted at the shareholders' meeting that SpaceX might go public

Musk recently discussed whether SpaceX would go public during Tesla's IPO. Last month, Musk delivered a speech at the company's annual shareholders' meeting. As the CEO of both companies, Musk stated that he does not like running publicly traded companies, partly because they are prone to frivolous lawsuits and can make effective operations very difficult.

However, Musk stated at the meeting that he wants to 'find a way for Tesla shareholders to participate in SpaceX,' adding that 'perhaps at some point, despite various disadvantages, SpaceX should become a publicly listed company.'

Ark is optimistic about SpaceX, estimating its valuation will reach 2.5 trillion USD by 2030.

SpaceX has been investing heavily in reusable rockets, launch facilities, and satellites while competing with emerging aerospace companies for government contracts, including Jeff Bezos' Blue Origin. SpaceX is currently still far ahead and operates the world's largest low Earth orbit satellite network through Starlink, providing satellite internet services.

Ark Invest, which has always focused on startup investments, released a valuation report for SpaceX mid-year, predicting that by 2030, SpaceX's enterprise value target will reach 2.5 trillion USD, approximately 7 times higher than the last round of financing in December 2024. This prediction is based on a Monte Carlo model that includes 17 variables, including the potential for Mars colonization, with bear and bull market valuations estimated at 1.7 trillion USD and 3.1 trillion USD respectively.

(Ark Invest analyzes SpaceX's grand ambitions, estimating a sevenfold increase in valuation by 2030)

How should investors invest in SpaceX?

Since SpaceX is privately held, there is currently no publicly traded stock, and investors can only indirectly hold shares by buying funds that invest in SpaceX, such as Baron Focused Growth Fund (BFGFX), Destiny Tech100 (DXYZ), or Ark's ARK Venture Fund (ARKVX).

Among them, DXYZ holds 23.3% of its shares in SpaceX, but this year the private equity market has generally seen valuation corrections, and DXYZ's NAV has also been adjusted downwards, falling 55% year-to-date.

(Musk hints that his company will IPO? Bloomberg teaches you how to buy SpaceX)

Most investors who cannot buy into SpaceX can only angrily buy shares of Tesla (TSLA), the only publicly listed company under Musk! However, the two do not have cross-shareholding and operate independently.

This article states that SpaceX's valuation has reached 800 billion USD, and there is hope for an IPO next year? It first appeared on Chain News ABMedia.