menu
techminis

A naukri.com initiative

google-web-stories
Home

>

Funding News

>

SpaceX Val...
source image

Bloomberg Quint

1w

read

367

img
dot

Image Credit: Bloomberg Quint

SpaceX Valuation To Hit Around $400 Billion In Share Sale

  • SpaceX is planning to raise money and sell insider shares, valuing the company at around $400 billion.
  • This valuation would make SpaceX the largest-ever privately held US company, surpassing its previous valuation of $350 billion.
  • The valuation considers factors like the success of its Starlink satellite internet unit and advancements in the Starship rocket program.
  • SpaceX's strategy includes a primary fundraising round to sell new shares to investors and a secondary offering for employee and early investor shares.

Read Full Article

like

16 Likes

For uninterrupted reading, download the app