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SpaceX share sale expected to back $400 billion valuation

  • SpaceX is considering an insider share sale that would value the company at $400 billion, surpassing its previous record of $350 billion.
  • The valuation would represent the largest in history from a privately-owned company in the U.S., rivaled by companies like ByteDance and OpenAI.
  • Key factors contributing to SpaceX's valuation include the growth of Starlink satellite internet, development of the Starship reusable rocket program, and successful payload launches for various entities.
  • Despite some setbacks like a recent rocket explosion, SpaceX remains active in space missions, including launching Axiom's Ax-4 astronauts to the ISS for scientific research.

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