What buyers pay, deal by deal, where the value is disclosed.
Randeep Bubbra | Lawyer | Making space financeable
Disclosed values only, at US$ equivalents; enterprise or equity value as announced.
| Period | Deals | Median | Largest |
|---|---|---|---|
| 2015–20 | 8 | US$738m | US$9.2bn |
| 2021 | 2 | US$661m | US$1.1bn |
| 2022–23 | 4 | US$5.5bn | US$7.3bn |
| 2024 on | 15 | US$925m | US$250bn |
29 M&A, stake and JV deals with a disclosed value, from US$80m–US$250bn; the median is US$855m.
2015–20: 8 deals, median US$738m.
2021: 2 deals, median US$661m.
2022–23: 4 deals, median US$5.5bn.
2024 on: 15 deals, median US$925m.
13 were US$1bn or more.
The largest is SpaceX acquisition of xAI at US$250.0bn.
Selected observations from the register, not a market census, investment recommendation or legal advice. Working on a deal like these? Book 20 minutes with Randeep to see how your terms compare.
Deals, terms and the clauses behind them, for the people financing satellite operators, launch and space infrastructure. By Randeep Bubbra.
Working on a financing like this? Book 20 minutes with Randeep to see how it compares.