Alon Musk’s SpaceX is worth over $ 100 billion

According to CNBC, Alon Musk’s SpaceX valuation has surpassed $ 100 billion following the sale of current investors’ shares this week.

SpaceX has reached an agreement with new and current investors to sell up to $ 755 million in shares at a price of $ 560 per share, bringing the company’s total value to $ 100.3 billion.
According to sources, the firm has not yet raised any fresh cash.

SpaceX is now one of the few private firms in the world to be classified as a “centcorn” or “ketocorn,” a word for a corporation worth more than $100 billion.
Musk’s SpaceX is currently the world’s second most valuable private corporation.

By Editor

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