How Elon Musk’s SpaceX may soon surpass ChatGPT-maker OpenAI to become US’ most valuable private company

SpaceX is reportedly planning a new share sale aiming for an $800 billion valuation, potentially making it the US’s most valuable private company. This move, alongside a possible 2026 IPO, is driven by its launch dominance and the booming Starlink satellite internet service. The company is also investing in its Starship rocket and direct cellphone connectivity.