SpaceX’s valuation continues to rise at an eye-popping pace, with the company reportedly in talks to sell insider shares at a price that would value it at around $350 billion, Bloomberg reported.
It would mark an enormous increase from the $255 billion price that was circulating last month, and a doubling since shares were sold at a $175 billion valuation in December 2023.
SpaceX regularly holds tender offers, typically twice per year, to allow employees the opportunity to liquidate some of their shares to a select group of investors. (A sweet deal that is not without some serious fine print, as TechCrunch reported earlier this year.)
According to Bloomberg’s sources familiar with the new offer, conversations are ongoing and the details, like the final price, could change. But if the deal closes, it would make SpaceX the most valuable venture-backed private company in the world.
SpaceX did not respond to TechCrunch’s request for comment.
