SpaceX is planning to raise money and sell insider shares in a deal that would value it at around $400 billion, a report stated, citing sources. This takes into account the rise of its "fast-growing" Starlink satellite internet unit, which reportedly generates over half of SpaceX's yearly revenue. This would mark the largest-ever valuation for a privately held US firm.
short by
Shristi Acharya /
09:12 am on
09 Jul