On December 13 Beijing time, corporate filings revealed that SpaceX has approved an internal stock transaction valuing Elon Musk's rocket and satellite manufacturing company at approximately $800 billion.
The secondary offering will provide shareholders, including employees, with an opportunity to either liquidate or increase their holdings. Previous reports indicated this move serves as preparatory groundwork for the company's potential initial public offering (IPO) as early as 2026.
The company concurrently confirmed it is making preparations for a possible public listing in 2026.
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