SpaceX is preparing an insider share transaction that would value the pioneering space company at approximately $400 billion, according to people familiar with the matter. This valuation marks a dramatic acceleration in the firm's worth over a short timeframe.

The proposed transaction would price shares at $212 each, representing a significant premium over the $185 per share valuation established during the company's last funding round in December. Such pricing reflects SpaceX's rapidly expanding market position and technological dominance.

This strategic move comes amid SpaceX's continued breakthroughs in reusable rocket technology and expanding satellite internet operations. The valuation leap underscores investor confidence in the company's trajectory as it advances ambitious projects including deep-space exploration and global broadband services.