Overview
- Multiple outlets report SpaceX is organizing an insider tender that could value the company as high as $800 billion, with materials described as preliminary and subject to change.
- The Information reports investors were told to expect a potential IPO in the second half of 2026, with a plan that would list the entire company including Starlink rather than spinning it off.
- Bloomberg cites talk of transactions clearing near $300 per share, implying roughly a $560 billion valuation, underscoring wide pricing uncertainty at the term-sheet stage.
- Board-level discussions occurred this week at SpaceX’s Starbase site in Texas, with final terms dependent on seller participation and buyer demand typical of semi-regular tenders.
- Operational momentum cited in coverage includes Starlink’s roughly eight million subscribers and a constellation near 9,000 satellites, plus recent spectrum deals with EchoStar to support direct-to-cell service.