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Elon Musk’s SpaceX Acquires xAI in Historic Deal Uniting Space and Artificial Intelligence 
SpaceX, the aerospace company founded by Elon Musk, has reportedly authorized an insider share sale that places its valuation at approximately $800 billion, according to a Bloomberg News report published Friday. The move underscores growing investor confidence in SpaceX’s long-term prospects and fuels speculation about a potential initial public offering in the coming years.
Under the reported plan, SpaceX is offering shares to insiders at a price of $421 per share. In an internal company message cited by Bloomberg, the company also indicated it is preparing for a possible public offering as early as 2026. SpaceX did not immediately respond to media requests for comment, and Reuters noted it could not independently verify the details of the report.
Earlier this week, Reuters and other media outlets reported that SpaceX may be aiming to raise more than $25 billion through an IPO in 2026. Such a move could push the company’s valuation beyond the $1 trillion mark, placing it among the most valuable companies globally. Adding to the momentum, Elon Musk himself hinted at a potential SpaceX IPO in a recent post on his social media platform, X, further amplifying market interest.
Based in California, SpaceX has become a dominant force in the global space industry, known for its reusable rockets, Starlink satellite network, and high-profile contracts with NASA and commercial partners. The company’s rapid growth and technological achievements have made it a favorite among private investors.
According to data from Crunchbase, SpaceX currently ranks as the world’s second most valuable private startup, trailing only OpenAI, the company behind ChatGPT. If the reported valuation and IPO plans materialize, SpaceX could redefine benchmarks for private company valuations and mark one of the most anticipated public listings in recent history.
As interest in space exploration, satellite internet, and commercial spaceflight continues to rise, SpaceX’s strategic moves are likely to remain closely watched by investors, industry analysts, and the broader technology and aerospace sectors.
