The valuation marks a 33% increase from the space exploration company's last funding round in February.
The valuation of Tesla chief Elon Musk's private space exploration firm, SpaceX, has topped a $100 billion valuation based on a private agreement between new and existing investors, CNBC
Friday, representing a massive spike in value bested overall by only one other private company in the world.SpaceX insiders have nabbed an agreement to sell as much as $755 million in private stock for $560 per share, CNBC reported Friday, citing unnamed sources familiar with the transaction. The deal represents a 33% premium to prices of $419.99 from a February funding round and implies a firm valuation of approximately $100.3 billion. SpaceX most recently
an $850 million fundraising round in February to help shore up funds for its ambitious Starlink and Starship projects, landing a $74 billion valuation at the time. person with an estimated net worth of $201.5 billion—owned roughly 48% of SpaceX prior to its latest funding round, according toFounded in 2002, SpaceX builds and launches rockets into space, and completed its first commercial mission for a private customer in 2013.
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