SpaceX raised $750 million in investments and increased its capitalization to $137 billion

By: Maksim Panasovskyi | 03.01.2023, 13:31
SpaceX raised $750 million in investments and increased its capitalization to $137 billion

SpaceX has increased its market capitalization by $10 billion since last May, raising a total of $2 billion in 2022.

Here's What We Know

In mid-December, it became known that SpaceX intends to sell some shares at $77 per security. Now there is information that in the latest round of financing led by Andreessen Horowitz, the company of Elon Musk has been able to raise another $750 million, raising the amount of capital received in 2022 to $2 billion.

Thus, the market capitalization of SpaceX has increased by $10 billion compared to May 2022 and amounted to $137 billion. Note that Andreessen Horowitz participated in the purchase of Twitter shares.

Overall, 2022 was a good year for SpaceX, but not perfect. The aerospace company has connected more than 1 million users to the satellite Internet service Starlink and made SpaceX makes last rocket launch in 2022. On the negative side, the company delayed the launch of the Starship spacecraft, which will be used to land people on the moon and Mars.

Source: CNBC