SpaceX, the private space company led by Elon Musk, is now valued at about $350 billion after a large sale of shares to insiders. This is a huge step in the company's fast growth, making it one of the most valuable private companies in the world.
![SpaceX Hits $350 billion]()
The company's value has jumped from $180 billion just six months ago, making SpaceX the most valuable private startup in the world.
There’s now talk about whether SpaceX might go public and what impact it could have on the space industry, especially compared to rivals like Rocket Lab.
Even though there is growing interest in SpaceX going public, Elon Musk has said he prefers to keep the company private for now.
This increase in value highlights not just Musk's leadership but also how important space exploration and commercial space businesses have become globally. With exciting projects ahead, like Starship missions to the Moon and expanded Starlink internet services, the future looks promising for SpaceX and its investors.