Elon Musk's space exploration company SpaceX has achieved an estimated valuation of approximately $400 billion

On Tuesday, media reports citing informed sources revealed that SpaceX is discussing plans to raise funds and sell internal shares, which would value Elon Musk's rocket and satellite manufacturer at approximately $400 billion. This valuation represents a significant increase from the $350 billion peak set when SpaceX repurchased shares last December, and it would place the company among the highest-valued companies globally, comparable to Home Depot and Palantir Technologies. According to informed sources, one of SpaceX's strategies is to initiate a new primary financing round, selling new shares to investors. In 2021, the company raised about $850 million in a financing round. Meanwhile, SpaceX also plans to conduct a so-called "tender offer" or "secondary market transaction," allowing employees and early shareholders to sell their shares. Informed sources noted that the details of the transaction may still be adjusted based on the interests of internal sellers and buyers, a situation that has occurred in previous share repurchases by SpaceX. A spokesperson for SpaceX did not immediately respond to requests for comment. Analysts pointed out that this valuation of SpaceX reflects multiple factors, including the rapid growth of its Starlink satellite internet business and new progress in its Starship rocket project. SpaceX is already one of the leaders in the space launch industry, working to get its revolutionary launch system back on track after it experienced a series of explosive incidents during testing, including a massive explosion at its Texas test site in June. Meanwhile, the world's richest man, Musk, has once again found himself in open confrontation with former President Donald Trump, with the latest dispute focusing on Trump's iconic spending and tax cut proposals. Musk announced the establishment of a new political party, the "American Party," on social media on the 5th of this month. This latest clash further weakened the once-strong alliance between Musk and the White House, which had previously brought numerous opportunities to Musk's business empire