The Zhitong Finance App learned that SpaceX, a rocket and satellite manufacturer owned by Tesla (TSLA.US) CEO Musk, is preparing to conduct a new internal share sale transaction. The latest valuation is expected to soar to 750 billion to 800 billion US dollars, not only far exceeding its valuation earlier this year, but also surpassing the 500 billion US dollar private company record set by OpenAI in October.

The Zhitong Finance App learned that SpaceX, a rocket and satellite manufacturer owned by Tesla (TSLA.US) CEO Musk, is preparing to conduct a new internal share sale transaction. The latest valuation is expected to soar to 750 billion to 800 billion US dollars, not only far exceeding its valuation earlier this year, but also surpassing the 500 billion US dollar private company record set by OpenAI in October.