SpaceX Valuation Said to Hit Around $400 Billion

Valuation and Share Price - SpaceX's valuation is around $400 billion or greater [1] - The share price being discussed is $208 to $212 [1] - The current valuation represents a significant increase from the previously reported $350 billion [2] Investor Base and Demand - SpaceX's investor base includes major private growth equity, venture capital firms, and large family offices [2] - There is anticipation of a Starlink spinoff in the coming years, driving investor appetite [3] - Demand for SpaceX shares in the secondary market is very high, creating an almost illiquid market [10] - Getting access to these rounds is difficult and depends on connections [9][10] Leadership and Operations - Gwynne Shotwell serves as President and essentially CFO, managing day-to-day operations [5] - Elon Musk is present at significant moments, such as public appearances related to Starship [6] - A small primary round sets the price for a larger tender offer providing employee liquidity, overseen by the CFO and Jared Birchall [4][5] Financing Structure - The financing round involves a concurrent primary round to set the price for a larger secondary tender offer [4] - Employee liquidity is a key component of the financing structure [4][8]