Elon Musk SpaceX Valuation $ 100 Billion

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SpaceX’s starship rocket manufacturing facility in Bocachica, Texas. CEO Elon Musk (third from right) and President Gwynne Shotwell (third from left) will be on tour.

Steve Jurvetson on Flickr

Evaluation of Of Elon Musk CNBC learned that SpaceX has surpassed $ 100 billion following the sale of shares by existing investors announced this week.

SpaceX has agreed with new and existing investors to sell up to $ 755 million in shares from insiders for $ 560 per share. The company has not raised new capital at this time, sources said, and the purchase offer represents a secondary sale of existing shares.

New stock price is up 33% from SpaceX’s February final valuation of $ 74 billion at $ 419.99 per share, When the company raised nearly $ 1.2 billion. The company made a similar secondary deal in February, signing an insider contract to sell up to $ 750 million at the time.

With SpaceX’s new reputation, SpaceX will become one of the rarest private “centimeter corn” or “hect corn” companies in the world, more than 100 times more than a billion dollar unicorn. According to CB Insights, Mask’s SpaceX is currently the second most valuable private sector in the world, surpassing FinTech company Stripe after China’s Bytedance.

SpaceX CEO Elon Musk will pose with the crew before launch on September 15, 2021.

John Kraus / Inspiration 4

People talked to CNBC on condition of anonymity because SpaceX is not a publicly traded company and the funding is private.

SpaceX did not respond to CNBC’s request for comment.

The company’s reputation has skyrocketed in recent years as SpaceX has raised billions of dollars to fund the work of two capital-intensive projects, Starship and Starlink.

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Elon Musk SpaceX Valuation $ 100 Billion

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