SpaceX's latest valuation: $350 billion?
SpaceX's valuation soared by $100 billion in just half a month, now reaching $350 billion, making it the world's most valuable private startup. The company is discussing the sale of internal shares, providing an opportunity for employees and early shareholders to sell, while offering liquidity to investors. Musk's business empire has rapidly grown since the U.S. presidential election, with Tesla's stock price rising by 42%
In half a month, SpaceX's valuation soared by $100 billion.
On December 2nd local time, according to Bloomberg citing informed sources, Elon Musk's Space Exploration Technologies Corp. (SpaceX) is discussing the sale of internal shares, which could raise its valuation to about $350 billion, comparable to some of the largest publicly traded companies in the world, further solidifying SpaceX's position as the most valuable private startup globally.
Last month, SpaceX's valuation was only $255 billion, and earlier this year, it was valued at $210 billion.
Currently, negotiations are ongoing, and the specific details of the deal may vary based on the willingness of internal sellers and buyers. Analysts believe this move provides an opportunity for employees and early shareholders to sell their shares while also offering liquidity to investors holding SpaceX shares.
Since the U.S. presidential election, Musk's business empire has grown rapidly, with Tesla's stock price rising 42% since November 5th. According to the Bloomberg Billionaires Index, Musk's personal wealth has increased to about $353 billion.
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