SpaceX in talks to raise new funding at $400B valuation

SpaceX is planning a share sale to insiders, potentially raising its valuation to about $400 billion. The company aims to conduct a fundraising round and a tender offer for employees to sell shares to select investors. This represents an increase from its $350 billion valuation in December 2024. The deal's final terms are still being discussed. SpaceX's valuation has grown rapidly, quadrupling from $100 billion in October 2021.