Elon Musk became the owner of the most expensive private company in the U.S. - estimate SpaceX reached $ 140 billion

By: Maksim Panasovskyi | 13.12.2022, 19:06
Elon Musk became the owner of the most expensive private company in the U.S. - estimate SpaceX reached $ 140 billion

American billionaire Elon Musk is now the owner of the most expensive company in the United States. No, he did not have to buy a new company to do so.

Here's What We Know

After weeks of discussion, SpaceX shareholders have offered investors shares in the company at $77 apiece. This is reported by Bloomberg news agency, citing sources familiar with the situation.

At $77 a share, Space Exploration Technologies Corp's valuation would reach $140 billion, an increase of $13 billion since the July investment round. This would make SpaceX the most expensive U.S. private company.

Elon Musk's stake in SpaceX is $47 billion. The company launches satellites into orbit and delivers cargo and crews to the International Space Station. At the end of 2024, the Starship will be used to land people on the moon and eventually on Mars. SpaceX is also a provider of satellite Internet Starlink and has more than 3,500 satellites in orbit.

Source: Bloomberg
Image: Wikipedia