There have been many rumours that Elon will sell SpaceX shares this year for $80 each. That can lift the company’s valuation to $150 billion, which is a 9% increase from last year.
So, how will that happen? And what’s SpaceX’s current valuation?
We’ll answer all your questions in this article! Keep on reading to find out everything you need to know about SpaceX valuation and Starlink shares.
SpaceX Valuation and Insider Shares
Overall, SpaceX’s value has been rising in the past few years. The company raised billions to finance its operations over multiple rounds, and its shares are currently owned by employees, early investors, and Musk himself.
The last valuation in January set SpaceX at around $137 billion. However, SpaceX share price is estimated to be $80 each, which could lift SpaceX’s valuation to approximately $150 billion.
With simple calculations, you’d realise this is a 9% increase from last year.
Share Price and Total Number of Shares Sold
The share price is estimated to be around $80 per share. However, the actual share price and the number of shares sold will depend on the interest of the buyers and the sellers.
It’s hard to predict the final numbers because, as a private company, SpaceX doesn’t disclose financial info.
The “Funding Secured” Lawsuit
Musk talked about selling SpaceX shares before, but not in the way you’d think!
In August 2018, the man of the moment tweeted, “I’m considering taking Tesla private at $420. Funding Secured,” which was a joke. However, according to Tesla shareholders, this tweet cost them billions of dollars in losses, so some of them filed a lawsuit.
During the lawsuit filed by Tesla’s shareholders, Musk stated that although the tweet was a joke, he could’ve sold SpaceX shares to take Tesla private.
He also said that SpaceX’s stock was enough to, in fact, make “funding secured.” Nonetheless, Elon didn’t want to sell SpaceX shares at that time.
So, there’s a chance he’s now considering selling SpaceX shares for something that we don’t know about. All in all, a California jury has ruled that Elon Musk isn’t liable for the losses after a three-week trial.
Starlink is operating under SpaceX. It provides internet coverage to over 56 countries around the globe.
In fact, Starlink might be the primary driver of SpaceX's valuation. The talks about SpaceX’s valuation and shares triggered new rumours regarding a potential Starlink IPO.
It’s no secret that many retail investors around the world have been waiting for this IPO. Unfortunately, Elon refused to comment on this.
In October 2022, a CCS Insight report predicted that Starlink might go public by 2025. As of 2023, Starlink operates the world’s largest commercial constellation of space satellites.
When Will the Starlink IPO Happen?
Unfortunately, the IPO hasn’t been confirmed yet. During a Bloomberg interview, the interviewer asked Musk if an IPO was in the cards. However, Musk said that it’s not legal to answer the question.
Generally, many experts predict that the Starlink IPO will happen in 2023, and it’ll be the biggest deal of the year.
How Much Is SpaceX Making?
Unfortunately, SpaceX is a private company, and it doesn’t release its annual revenue numbers. However, financial experts’ analysis estimates SpaceX’s revenue to be around $980 million. Additionally, Starlink makes around $2.27 billion.
SpaceX is apparently venture-backed. In 2022, the company raised more than $2 billion. That includes $250 million that was raised in a funding round in July.
In January 2023, SpaceX raised $750 million in the new round of funding, which lifted the company’s value to $137 billion.
Frequently Asked Questions
Can I buy SpaceX stock right now?
SpaceX stock is being sold now for $80 per share privately, in order to get access to SpaceX Pre-IPO/private stock allocations you need to get your name down and in front of a company that can help you to get involved. You can register your interest in SpaceX stock here and you will receive information on how you can get access.
When will the SpaceX IPO take place?
SpaceX hasn’t confirmed the Starlink IPO date yet.
As of 2023, SpaceX’s valuation is set to be around $150 billion. That’s because Elon Musk is offering to sell insider shares at around $80 per share.
The new valuation triggered many talks about a Starlink IPO. There have been many rumors about this IPO in the past few years.
Many experts predicted the IPO to take place before 2025, but it might happen sooner than we expected.
Although it hasn’t been confirmed yet, the Starlink IPO could take place in 2023. If that happens, it’ll be the biggest deal of the year.
That’s because many retail investors are eager to take a piece of the highly successful company.
Download the Starlink IPO Brochure here.
The information in this article is well-researched and factual. Still, it contains opinions also, and IT IS NOT FINANCIAL ADVICE and should not be interpreted as such, do not make any financial decisions based on the information in this article; we are not financial advisors. We are journalists. You should always consult with a professional before making any investment decisions. We hold no stock or interests in any of the Companies discussed on this website/app.