The most valuable startup in the US just got even bigger – Elon Musk's SpaceX is now worth almost $150 billion
SpaceX, the spacecraft manufacturer owned by billionaire Elon Musk, is now worth almost $150 billion after a second share sale to investors in seven months.
SpaceX is the most valuable US startup and is known as a"centicorn" – or in other words, an $100 billion tech unicorn. Its investors are most enthusiastic about the Starlink project – a satellite communication service that aims to revolutionize the availability of broadband coverage in remote areas, according to the Journal.
Founded in 2002, SpaceX is the busiest rocket operator in the world, with 180 launches into orbit last year. This morning, however, the Falcon 9 rocket aborted the mission before its record-equalling 16th flight.
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