Based on BitcoinWorld, SpaceX is reportedly in discussions for a secondary stock sale at a $800 billion valuation, according to The Wall Street Journal. The move, which would allow existing shareholders to sell shares to new investors, is separate from an initial public offering (IPO). At the same time, the company has transferred its Bitcoin holdings to a new wallet, though the reason remains unconfirmed. The valuation, nearly double that of Tesla, reflects strong investor confidence in SpaceX's future, particularly in its Starlink and Starship programs. The Bitcoin activity has sparked speculation about corporate strategy, but no direct link to the stock sale has been established.
SpaceX Eyes $800B Valuation in Secondary Stock Sale, Moves Bitcoin Holdings
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