SpaceX value rises to $140bn
December 15, 2022
Elon Musk’s SpaceX has again raised cash from its investors. The plan has been on the table since mid-November with SpaceX reported to have offered shares at around $77 (€72.50) per share according to Bloomberg. If correct, then this would value the privately-held business at around $140 billion depending on the value of the secondary offering.
The new valuation is a significant uplift to the previous $127 billion suggested in July.
However, SpaceX has not revealed how much funding it intends to raise from the offering. The SpaceX valuation makes it one of the highest-valued private companies in the US.
SpaceX has reportedly received more than $9.8 billion from 32 financing rounds, according to data compiled by Crunchbase, as of December 14th. The most recent was a $250 million private equity round with three investors in July 2022.
Elon Musk, in one of his (many) tweets, said: “Don’t want to jinx it, but SpaceX is positioned to grow strongly, no matter what macroeconomic conditions are like.”
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