Bloomberg reports that SpaceX is offering its privately held shares at a new price of$112 per share,bringing the company’s valuation to an impressive$210 billion.This milestone raises SpaceX’s market cap to a new level,making it the highest-valued unicorn in the United States and positioning it close to the top worldwide.This significant SpaceX company valuation reflects its growing influence in the space industry and its potential to lead the sector for years to come.

　　In May,Elon Musk mentioned on X(formerly Twitter)that while SpaceX does not require external funding,the company would be buying back shares through SpaceX tender offers.Since its inception,SpaceX has provided stock to employees,allowing them to sell during specific windows,typically every six months.These windows give SpaceX shareholders the opportunity to sell or exchange their stocks based on the company’s internal assessments.

　　These“tender offers”provide insight into SpaceX’s valuation over time and reveal the strong demand from both employees and investors.Unlike public companies with real-time stock price visibility,private companies like SpaceX are not obligated to share such details,but these stock offerings provide a glimpse into how much SpaceX is worth in the private market.

　　According to sources,Bloomberg notes that SpaceX’s market capitalisation at$210 billion sets a U.S.record.CBINSIGHTS ranks SpaceX as the world’s second-most valuable unicorn,trailing only Bytedance,the parent company of TikTok.This high valuation demonstrates the company’s robust position in the market,as it continues to innovate and push the boundaries of space exploration and satellite services.

　　The last known SpaceX valuation occurred in December when shares were priced at$97,valuing the company at$180 billion.This steady growth in value highlights SpaceX’s value over time,reflecting its dominance and future potential.

　　Is SpaceX’s Value Limitless?

　　SpaceX’s skyrocketing valuation is largely attributed to its dominance in the commercial launch sector and the success of its Starlink satellite internet service.With a near-monopoly on commercial spaceflight,SpaceX’s pricing power even affects competitors like India’s ISRO,which has rockets but no customers due to SpaceX’s lower prices.Despite initial beliefs in the potential of smaller dedicated rockets,in today’s market,companies not competing with SpaceX are struggling to succeed.

　　Starlink has also flourished under SpaceX’s strong launch capabilities,with over 6,000 satellites in orbit.Service latency and reliability have significantly improved,and the company now reports over 3 million global subscribers,with numbers growing daily.The success of Starlink has further driven up SpaceX’s market cap,solidifying its dominance in the space and satellite industries.

　　For now,SpaceX’s dominance seems secure.Its launch competitors remain far from achieving competitive frequency,while Amazon’s Kuiper project—considered the closest satellite internet rival—won’t begin beta testing until early 2025.

　　SpaceX’s continued innovation in space travel,satellite internet,and reusable rockets suggests that the company’s future growth could further increase how much SpaceX is worth in the coming years.Whether the SpaceX valuation has a limit remains an open question,but its current trajectory indicates that the company’s influence and value are set to grow even more in the foreseeable future.