According to a company document, Space Exploration Technology has approved an internal stock deal that values Elon Musk's rocket and satellite manufacturer at about 800 billion US dollars. This secondary offering will provide shareholders, including employees, with an opportunity to cash out or increase their stock holdings. The media previously reported that this is a preliminary preparation for the company's initial public offering as early as 2026. At the same time, the company said it is preparing for a possible public listing in 2026. SpaceX Chief Financial Officer Brett Johnson made it clear in a document to shareholders that the price of this stock transaction was 421 US dollars per share. This is almost double the price of $212 per share in July — when the company was valued at $400 billion through financing and stock sales.

According to a company document, Space Exploration Technology has approved an internal stock deal that values Elon Musk's rocket and satellite manufacturer at about 800 billion US dollars. This secondary offering will provide shareholders, including employees, with an opportunity to cash out or increase their stock holdings. The media previously reported that this is a preliminary preparation for the company's initial public offering as early as 2026. At the same time, the company said it is preparing for a possible public listing in 2026. SpaceX Chief Financial Officer Brett Johnson made it clear in a document to shareholders that the price of this stock transaction was 421 US dollars per share. This is almost double the price of $212 per share in July — when the company was valued at $400 billion through financing and stock sales.