Elon Musk’s SpaceX is valued at approximately $800 billion following an insider share sale, making it the most valuable private company globally. The company plans to go public in 2026, potentially launching one of the largest IPOs in history. The valuation was set through a deal where SpaceX and investors purchased $2.56 billion of shares at $421 each, nearly doubling its previous internal share price. SpaceX’s CEO, Bret Johnsen, indicated that market conditions and execution could lead to a significant capital raise via the IPO. This move aims to fund ambitious projects, including the development of the Starship rocket, space-based AI data centers, and lunar bases. The valuation surpasses that of OpenAI, which was valued at around $500 billion after a recent secondary share sale. Elon Musk, founder of SpaceX and Tesla, continues to expand his space ambitions, including plans to send humans to Mars and establish a moon base, although some projects face delays. The valuation battle between Musk and OpenAI’s co-founder Sam Altman highlights a broader surge in frontier-tech valuations, with AI and space exploration companies attracting unprecedented investment.