SpaceX Valuation Reaches $1.77 Trillion in Proposed Share Sale
SpaceX is reportedly planning a share sale that would value the company at around $1.77 trillion.
According to reports, the company will sell shares at $135 apiece during this transaction. If the valuation holds, SpaceX would become the seventh-most valuable company in the United States, placing it alongside some of the largest publicly traded corporations by market capitalization.
The milestone highlights the company's growth from a rocket startup to one of the most significant private enterprises in the aerospace sector. SpaceX has seen increased demand for its launch services, satellite internet connectivity through Starlink, and government contracts in recent years.