A fresh report has surfaced in the latest tender offer from Elon Musk’s SpaceX, suggesting that the billionaire entrepreneur may re-engage in US political advisory roles in the future, reported Bloomberg.
According to documents reviewed by Bloomberg and sources familiar with the contents, SpaceX included new language indicating that Musk may again serve in political roles similar to his senior adviser role to President Donald Trump, dedicating substantial time and energy to such commitments.
The risk disclosure was reportedly added to documents shared with investors participating in the ongoing share buyback program.
This is believed to be the first time such language has appeared in any of SpaceX’s tender offers, signaling a potential shift in Musk’s engagement with politics and the implications it could have for the business.
This development comes amid a broader discussion about the impact of high-profile founders’ political activities on their companies, particularly when those firms are key government contractors.
SpaceX holds significant contracts with NASA and the US military, making any perceived political entanglements a material concern for stakeholders.
Political engagement and reversals
Musk’s involvement in politics has fluctuated over the past several months.
After formally exiting the Trump administration in May, where he played a notable role in the president’s efforts to reduce the size of the federal government, Musk had indicated that he would shift his attention back to his business ventures, including Tesla, xAI, and his broader corporate empire.
However, that stance softened after a public clash with Trump over a tax and spending package.
Musk criticized both the president and Republican lawmakers, later announcing plans in July to establish a new political party aimed at voting out members of Congress.
Despite that declaration, Musk has also publicly reaffirmed his commitment to his companies.
In a July post on his platform X (formerly Twitter), he stated he was back to working seven days a week and sleeping in his office when his children were away, indicating a renewed focus on business.
The inclusion of political risk in investor disclosures underscores the unpredictable nature of Musk’s involvement in politics and serves as a reminder to shareholders that his external interests may resurface at any time.
SpaceX valued at $400 Billion, offers share buyback
The latest tender offer values SpaceX at approximately $400 billion, reinforcing its position as the most valuable private company globally.
The valuation reflects investor confidence in the company’s broad aerospace portfolio, including its Falcon rockets, Starship development program, and the expansive Starlink satellite network, which now consists of about 8,000 satellites.
As part of the offering, SpaceX will repurchase up to $1.25 billion in shares from current employees and existing investors.
The tender offer provides a liquidity option for stakeholders in a company that remains private and is not yet publicly traded.
Such buyback programs have grown in popularity among mature startups, allowing early shareholders to realize returns while the companies continue to postpone IPO plans.
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