According to Bloomberg, SpaceX and its investors have reached a $1.25 billion internal stock sale, which has raised Musk's rocket and satellite manufacturer’s valuation to $350 billion.
SpaceX's valuation has soared to $350 billion.
According to internal trade memos obtained by Bloomberg, the trading price of SpaceX has reached $185 per share, significantly up from the $112 valuation set three months ago, and the memo was confirmed by insiders. Reportedly, SpaceX alone proposed a purchase of common stock valued at up to $500 million. This solidifies SpaceX's position as the world's most valuable private startup, with a market value comparable to some of the largest publicly traded companies, and reflects the post-election gains of this billionaire CEO's business empire.
The new NASA Administrator will help facilitate SpaceX's progress.
SpaceX has become one of the industry's leading rocket launch providers, delivering satellites, cargo, and personnel into space for the National Aeronautics and Space Administration (NASA), the Pentagon, and commercial partners, and is building a large Starlink satellite network to provide internet services.
SpaceX began its collaboration with NASA in 2006, receiving funding support from NASA's Commercial Orbital Transportation Services (COTS) program. This funding helped SpaceX develop the Falcon 1 and Falcon 9 rockets, ultimately successfully delivering cargo to the International Space Station. However, there were also many frictions in the collaboration, as Musk publicly criticized NASA's bureaucratic culture and red tape multiple times, leading to high costs and inefficiencies in the space launch system.
Trump recently nominated billionaire and Shift4 CEO Jared Isaacman to be the next NASA Administrator. Isaacman has led two private spaceflights with SpaceX and has a close relationship with Musk. Isaacman is also a shareholder in SpaceX, with his company Shift4 investing $27.5 million to buy shares in SpaceX in 2021.
It is speculated that the new NASA Administrator will help eliminate some bureaucratic barriers that hinder the test permits for the Starship mega rocket, which actually belong to another federal agency—the Federal Aviation Administration (FAA). Musk hopes to expand these flight authorizations to at least 25 by 2025, while the Starship only flew four times in 2024.
How should investors invest in SpaceX?
Since SpaceX is privately held, there is currently no public trading, and investors can only indirectly hold SpaceX by buying funds like the Baron Focused Growth Fund (BFGFX), Destiny Tech100 (DXYZ), or ARK's ARK Venture Fund (ARKVX).
DXYZ holds 36.9% of SpaceX and 5.1% of OpenAI, having risen 643% year to date.
(Musk hints that his company will IPO? Bloomberg teaches you how to buy SpaceX)
Most investors who cannot buy SpaceX can only angrily purchase Tesla (TSLA), the only publicly traded company owned by Musk! Tesla is the biggest beneficiary of Trump's trade policies, having risen 64% since November 5. However, the two do not have cross-shareholdings and operate as independent companies.
This article titled 'The new NASA Administrator helps SpaceX's progress, SpaceX's valuation surges, how should we invest?' first appeared in Chain News ABMedia.