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What will be the size of SpaceX's next investment round by end of 2025?
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Official announcements from SpaceX or credible financial news outlets
Story
SpaceX Valuation Reaches $350 Billion, Making Elon Musk Wealthiest Person at $442 Billion
Dec 10, 2024, 11:40 PM
SpaceX, Elon Musk's rocket and satellite company, has reached a valuation of approximately $350 billion following an insider share sale where the company and its investors agreed to purchase as much as $1.25 billion of SpaceX's common shares at $185 each. This valuation makes SpaceX the most valuable private company in the world, surpassing the market capitalizations of public companies like Salesforce, Chevron, and Coca-Cola. Elon Musk, who owns about 42% of SpaceX, has seen his net worth surge to an all-time high of $442 billion, becoming the first person to exceed $400 billion in personal wealth.
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