SpaceX's New Valuation: $800B, America's Most Valuable Private Co.

SpaceX, Elon Musks rocket company, is reportedly valued at $800 billion in a new share sale, surpassing OpenAI and making it Americas most valuable private company. This valuation highlights a growing trend of private companies reaching massive financial milestones without going public. SpaceX, founded in 2002, is a leader in commercial rocket launches and operates Starlink, its satellite internet service, with over 8 million customers worldwide.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.