Elon Musk's SpaceX plans to sell shares, with a estimated valuation of up to 400 billion USD.

According to informed sources, Elon Musk's space exploration technology company SpaceX is planning an internal stock sale, with the transaction valuing the company at around $400 billion. This deal not only signifies a rapid rise in the valuation of this rocket and satellite manufacturer, but also solidifies its position as the world's highest-valued private startup. They said that the price per share in this stock transaction is $212, a significant increase from $185 in December last year - when the transaction valued SpaceX at $350 billion. Representatives of SpaceX have not yet responded to requests for comments on this matter. In addition to the highly anticipated "Starship" rocket program and the main "Falcon" series of rockets, SpaceX also operates the "Starlink" satellite internet business. Informed sources stated that this business contributes to over half of the company's annual revenue. As part of the transaction, some shareholders will be allowed to sell their shares in the company. For startups that choose to remain private in the long term but want to provide cash-out opportunities for early employees and investors, this method is becoming increasingly common. One source added that SpaceX will buy back shares worth up to $1.25 billion from employees and other shareholders. At the same time as SpaceX reaches a deal with investors, Musk is also raising funds for his artificial intelligence startup company XAI Holdings. According to previous reports, the company is in talks to raise $10 billion at a valuation of up to $200 billion.