June 27, 2022

Taylor Daily Press

Complete News World

SpaceX is becoming the most valuable startup in the United States

Space company SpaceX is the most valuable start-up in the United States. After all, the recent sale of shares in the secondary market has raised the value of the company to more than $ 125 billion. Many researchers have said that. The value of SpaceX reached $ 100 billion by October last year.

At the time the company had to pay $ 56 per share. However, in the recent stock sale that price has already risen to $ 72.

Capital intensity

SpaceX Fintech is now more valuable than the group Stripe, which tops the US $ 115 billion list of most valuable start-ups in the United States so far. No new securities have been issued for SpaceX’s recent sale.

SpaceX would have informed investors that such activity would be possible later this year.

After all, space travel Especially when the capital is high Thing. In December last year, SpaceX raised an additional $ 337.4 million, followed by an additional $ 1.16 billion in funding in April.

In the growing market of commercial rocket companies, SpaceX competes with the industry’s Blue Origin and Virgin Galactic. All three companies enjoy the support of well-known millionaires.

After all, SpaceX is led by Elon Musk, the CEO of Tesla, the world’s richest man and carmaker, while Blue Origin may be linked to Amazon co-founder Jeff Bezos. Created by Richard Branson of the Virgin Galactic.

Star link

SpaceX has already made a series of flights with cargo and personnel to the International Space Station (ISS) for the National Aeronautics and Space Administration (NASA). Since the beginning of this year, the company has been Another nineteen rocket launches Active landed.

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In addition, SpaceX is the company above Starlink, which aims to provide broadband Internet worldwide with a network of satellites. So far, Starling has launched 2,500 satellites.

The first generation of the Starling network will eventually have 4,408 satellites. With the latest releases, Greece and Hungary included To countries where Starling’s broadband services are provided.

(LP)