Core Insights - SpaceX is initiating a new round of secondary share sales, potentially doubling its valuation to $800 billion, surpassing OpenAI's $500 billion valuation [1][2] - The CFO of SpaceX has communicated this plan to investors, indicating a possible IPO consideration in 2026 [2][4] Valuation and Share Sale - The secondary share sale involves existing shareholders selling their shares to new buyers, aimed at providing liquidity for current shareholders and optimizing the shareholder structure before new financing [2] - The expected valuation of $800 billion represents a significant increase from the previous secondary sale valuation of $400 billion [2] - SpaceX's market value has risen from $150 billion in July 2023 to the current expected valuation [2] Ownership and Financial Implications - Following the transaction, Elon Musk's stake in SpaceX, estimated at 42%, would be valued at approximately $336 billion [3] - If successful, SpaceX would become the highest-valued private company in the U.S., surpassing OpenAI [4] Revenue and Growth Prospects - Despite the high valuation, SpaceX's revenue growth lags behind, with projected revenues of $13.1 billion in 2024 and $15.5 billion in 2025 [5] - The Starlink business is expected to contribute significantly to revenue, with $8.2 billion anticipated in 2024 [5] - SpaceX's market recognition is largely based on its Starlink service and its significant role in U.S. defense contracts, including a $13.5 billion contract with the U.S. Space Force [5]
估值5.66万亿!SpaceX,重磅传来
Zheng Quan Shi Bao·2025-12-06 05:31