Elon Musk has done it again.
In a new tender offer that has sent shockwaves through Wall Street and Silicon Valley alike, SpaceX has reportedly secured a valuation of $800 billion. This figure doesn’t just break records; it shatters them.
To understand the scale of this number, SpaceX is now effectively worth more than Boeing, Lockheed Martin, and Northrop Grumman combined.
The Starlink Money Printer
While the rockets get the glory, the satellites are making the money. Analysts estimate that Starlink is now generating over $30 billion in annual revenue, serving internet to everything from rural farmhouses in Ohio to cruise ships in the Caribbean.
Investors are scrambling to get a piece of SpaceX now because they view it as purchasing a “pre-IPO” ticket to Starlink. If (or when) Starlink spins off into its own public company in 2026, it is expected to be one of the largest market debuts of the decade.
The Mars Acceleration
The valuation also reflects the success of the Starship program. After multiple successful orbital tests and the historic “chopstick” tower catch earlier this year, the path to Mars has moved from “science fiction” to “engineering timeline.”
The fresh capital liquidity allows early employees to sell stock, but for the company, it signals immense confidence that the heavy investment phase is paying off.
Dominance Unchecked
The scary part for competitors? SpaceX has no real rival. Blue Origin is years behind, and traditional aerospace giants are still relying on government contracts to survive. SpaceX has effectively monopolized the launch market, becoming the only ride to orbit for NASA, the Pentagon, and commercial satellites alike.
At $800 billion, SpaceX isn’t just an aerospace company anymore. It is a utility provider for the future of humanity.
