How much is SpaceX worth? Elon Musk’s company hits record net worth
The shares of the company owned by Elon Musk are only surpassed by Bytedance, owner of the famous TikTok.
Elon Musk, one of the biggest billionaires in the technology, automobile and aerospace industry, has just achieved a new valuation of 100 billion dollars only in his company SpaceX, the company specializing in the creation of aerospace rockets that allow stellar travel.
According to CNBC, this amount was made possible by Space X investors who struck a deal to sell up to $755 million in private stock at $560 per share. The deal represents an increase of more than 33% of the valuation compared to the last one carried out in February of last year.
SpaceX: Centicorn Company
One of the great feats of Elon Musk and SpaceX is the fact that being a company that is not listed on the stock market, it does not receive public investment. To date, Elon Musk, listed as the world’s richest person with an estimated net worth of $201.5bn, holds about 48% of SpaceX shares before its latest funding round, according to information. from Forbes.
CNBC acknowledges that SpaceX has not raised any new capital at this time, the sources said, and the purchase offer represents a promise of secondary sale of existing shares. According to this new valuation of SpaceX, it makes it one of the few private companies to be classified as a “centicorn” or “hectocorn”of the world, that is: a unicorn of more than 100 billion dollars, surpassing 100 times the valuation of a unicorn startup.
As a curious fact, CNBC mentions that SpaceX’s valuation is only behind China’s Bytedance, the owner of the famous video platform TikTok.
How to buy SpaceX stock
SpaceX, the company founded by Elon Musk made history in 2002 and grabbed the spotlight worldwide. But is there a way to participate in the success and invest in the company? Yes, although it would not be directly.
SpaceX is not a public company, so shares cannot be bought or sold on stock exchanges.
Musk owns 54% of the outstanding shares of SpaceX, and 78% of the voting shares in the company, according to the United States Securities and Exchange Commission ( SEC ).
No other shareholder owns 10% or more of SpaceX.
However, there is a way for a person to invest, indirectly, in the aerospace company. The secret is through Alphabet.
In January 2015, Google’s parent company invested $900 million and acquired around 7.5% of the company. As of Friday, Alphabet shares were up 2% at $2,973.6. In January 2015 they were priced at $541.42.
SpaceX became the world’s second most valuable unicorn , after breaking the $100 billion mark on October 8 following a sale of shares by existing investors.