Elon Musk Achieves Another Milestone with SpaceX! SpaceX is considering a massive valuation of $350 billion, making Elon Musk's company the most valuable private startup in the world. Meanwhile, Tesla is also soaring, with its stock price climbing sharply and Musk's fortune surpassing $353 billion. But can SpaceX maintain its position as China ramps up its space race efforts, determined to catch up with the U.S. with strong government support? Read our 11.2024 issue to uncover the bold moves from both sides in this thrilling space competition! #beaconasiamedia #bloombergbusinessweekvietnam #bbwvn #kinhdoanhtudulieu #congnghetudulieu #taichinhtudulieu #kinhtetudulieu
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SpaceX may see a valuation of up to $350 billion through a tender offer in December. How does this impact investors and the space industry? Read more. SpaceX could be valued at $350B with a tender offer in December. How will this affect the future of space tech and investments? #SpaceX #TenderOffer
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The recent news of SpaceX discussing a tender offer at a staggering ~$350 billion valuation highlights the monumental impact of innovation driven companies on global markets. This milestone reflects not just the scale of SpaceX's accomplishments but also the flourishing potential of space technology as a transformative industry. At Soul Ventures, we view this as a defining moment, proof that the right mix of vision, execution, and market timing can create outsized opportunities. SpaceX has reimagined space exploration, communications, and logistics, setting new benchmarks for what's possible. For venture investors, it’s a reminder of the value of: -Patience in nurturing breakthrough ideas. -Vision to back audacious founders tackling seemingly impossible challenges. -Support to help scale innovations with world-changing potential. We’re excited to continue seeking and supporting the next wave of innovators driving humanity forward on Earth and beyond.
SpaceX Discusses Tender Offer at Roughly $350 Billion Valuation
bloomberg.com
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🚀🚀 SpaceX launches the Polaris Dawn mission, carrying a crew of four astronauts who will attempt the first private spacewalk ever. #ElonMusk could become world's first trillionaire by 2027 Elon Musk's entrepreneurial journey is nothing short of remarkable. With an unwavering passion for technology and a vision to push the limits of possibility, he has consistently pursued bold and innovative ideas. From his early ventures with #Zip2 and #PayPal to groundbreaking companies like #SpaceX and #Tesla, Musk has always focused on addressing humanity's greatest challenges. Despite skepticism, he took risks, investing his time, energy, and resources into what many deemed impossible. Through persistence, innovation, and an unshakable belief in the future, Musk turned his ambitious dreams into reality. His story is a powerful testament to the idea that with dedication and the courage to view failure as part of the process, world-changing success is achievable.
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SpaceX it's now the most valuable private company in the world at $350 billion valuation, after internal staff shares purchase Elon Musk’s #SpaceX has reached a staggering #valuation of $350 billion in the latest round of staff share purchases, doubling its worth in just a year. This milestone cements SpaceX as a dominant player in the aerospace and #space transportation market, driven by its advancements in reusable rockets and ambitious space exploration goals. I am sure that many of my contacts already received the opportunity to purchase those shares last year in June, but it's crazy to see them almost doubling in less than one year. Founded by Musk in 2002, SpaceX has consistently attracted investment interest, with this round enabling employees to sell shares to approved investors. The company itself is purchasing $500 million worth of common stock, reflecting confidence in its trajectory. This valuation follows a remarkable year of growth, with SpaceX shares climbing sharply from their valuation of $210 billion in June to $255 billion in November, and now to $350 billion. Musk’s ventures overall, including Tesla and AI startup xAI, are thriving amidst political and economic shifts, with Tesla's stock surging over 60% this year and xAI recently valued at $50 billion. SpaceX’s achievement solidifies its position as a leader in the evolving aerospace industry, representing a new era of private-sector innovation in space exploration and commercial spaceflight. The article on Business Insider in the first comment.
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Would you like to innovate like a Musk company? If you have gotten excited about Joe Justice's description of how Tesla and SpaceX innovate, and want to know how start, this workshop is for you. “Musk companies” are setting the standard for innovation and market disruption. These companies are driven by 1) A thousand-year vision for humanity, 2) “Limiting KPIs” that prevent achieving it, 3) Focus on innovation to improve those KPIs, and 4) AI-supported teamwork accelerates everything For example, SpaceX intends to make humanity multi-planetary by establishing a colony on Mars. Currently, the limiting KPI is the cost per kilogram to get to orbit. SpaceX's rockets strive to reduce that cost by orders of magnitude. You can innovate like a Musk company! This approach is the basis of unprecedented innovation speed, competitive advantage, and market valuation. You can apply the same methods. Want to explore how to accelerate your department or company? Let's start a conversation! #innovation #performance #workshop
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🚀 SPACEX: REACHING FOR A 𝟑𝟓𝟎 𝐁𝐈𝐋𝐋𝐈𝐎𝐍 𝐕𝐀𝐋𝐔𝐀𝐓𝐈𝐎𝐍 🔹 SpaceX is reportedly in discussions for a new tender offer, which could push its valuation to an astonishing 𝟑𝟓𝟎 𝐛𝐢𝐥𝐥𝐢𝐨𝐧 𝐝𝐨𝐥𝐥𝐚𝐫𝐬. This marks a significant leap from the 𝟐𝟓𝟓 𝐛𝐢𝐥𝐥𝐢𝐨𝐧 valuation considered just last month. 🔹 This development would reaffirm SpaceX's status as the 𝐰𝐨𝐫𝐥𝐝’𝐬 𝐦𝐨𝐬𝐭 𝐯𝐚𝐥𝐮𝐚𝐛𝐥𝐞 𝐩𝐫𝐢𝐯𝐚𝐭𝐞 𝐬𝐭𝐚𝐫𝐭𝐮𝐩, up from 𝟐𝟏𝟎 𝐛𝐢𝐥𝐥𝐢𝐨𝐧 earlier this year. 🔹 The proposed tender aims to provide 𝐥𝐢𝐪𝐮𝐢𝐝𝐢𝐭𝐲 to employees and early shareholders, reflecting increased interest in private-market equity. 🔹 At 𝟑𝟓𝟎 𝐛𝐢𝐥𝐥𝐢𝐨𝐧, SpaceX would rival the 𝐥𝐚𝐫𝐠𝐞𝐬𝐭 𝐩𝐮𝐛𝐥𝐢𝐜 𝐜𝐨𝐦𝐩𝐚𝐧𝐢𝐞𝐬 globally in market cap—a remarkable achievement for a private entity. 🔹 This valuation surge coincides with broader gains in 𝐄𝐥𝐨𝐧 𝐌𝐮𝐬𝐤’𝐬 𝐞𝐦𝐩𝐢𝐫𝐞, as Tesla’s shares have climbed 𝟒𝟐% since early November, propelling Musk’s wealth to 𝟑𝟓𝟑 𝐛𝐢𝐥𝐥𝐢𝐨𝐧 𝐝𝐨𝐥𝐥𝐚𝐫𝐬. 🌌 SpaceX's rise highlights investor confidence in 𝐝𝐢𝐬𝐫𝐮𝐩𝐭𝐢𝐯𝐞 𝐭𝐞𝐜𝐡𝐧𝐨𝐥𝐨𝐠𝐢𝐞𝐬 and private-market growth opportunities. Capital Management France (CMF) #SpaceX #ElonMusk #Valuations #PrivateEquity #VentureCapital Source: Bloomberg
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SpaceX just hit a $350 billion valuation. That's double what they were worth LAST YEAR. But the craziest part isn't the number... It's what Elon Musk is now secretly building behind the scenes (it's terrifying): SpaceX is transforming space into a booming business! In just three months, its valuation soared from $255B to $350B, making it the world's most valuable private startup. Why? Starlink's explosive growth: 2.3M subscribers by 2023 $4.2B in revenue (200% growth YOY) Plans for direct-to-phone internet without special equipment Plus, Starshield’s secure communications are winning massive military contracts, potentially adding $2.4B annually from just one client. With 140 missions planned for 2024, SpaceX is leading in reusable rockets, global internet, and space innovation. This isn’t just rocket science—it’s creating entirely new markets. The $350B valuation proves one thing: SpaceX is redefining what’s possible in space and business. Follow Suneel Mekala for more content.
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Focus on a single metric helped this chief engineer turn his start-up into a US$180B company. Love him or hate him, Elon Musk has got this dialed in. Get your team focused on a simple metric, and the rest will follow. Elon's company, Space X, where he is the "Chief Engineer," focuses on a core metric (a North Star - pun intended!) 𝐓𝐡𝐞 𝐌𝐞𝐭𝐫𝐢𝐜: "Cost to launch one pound of payload into orbit." 𝐇𝐨𝐰 𝐡𝐞 𝐝𝐢𝐝 𝐢𝐭: Faced with the colossal challenge of reducing space launch costs, Musk’s secret wasn’t an endless budget or cutting-edge technology alone. It was an unwavering focus on one metric: "Cost to launch one pound of payload into orbit." Every innovation, every design change, and every strategic decision was measured against this benchmark. 𝐖𝐡𝐲 𝐢𝐭 𝐰𝐨𝐫𝐤𝐞𝐝: Each team member at SpaceX, from engineers to project managers, internalized this metric. This ensured a unified direction and relentless pursuit of efficiency, leading to breakthroughs like reusable rockets and optimized engine designs. 𝐓𝐡𝐞 𝐑𝐞𝐬𝐮𝐥𝐭𝐬: Space X is now the industry leader (hands down) because their cost per kg is a fraction of what it usually costs. What's your North Star Metric to align your team and drive relentless innovation? #innovation #focus #northstarmetric
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😉 This is proof that chopsticks are superior to fork and knife. 🥢 Chopsticks can pick up anything, including rocket boosters 🚀 Jokes aside, SpaceX’s bold attempt to use "Mechazilla"—a towering structure with massive metal "chopstick" arms—to catch the Super Heavy booster post-launch. Elon Musk’s crazy vision: rapid reuse, possibly launching again within 30 minutes of touchdown. It gave me goosebumps to see the euphoria in the SpaceX team. I feel like cheering alongside them. Mission-driven teams tackling hard problems, pushing at the boundary of the impossible—that’s where innovation thrives. 🌌 How do we build more teams like this, to do the hard things that others shy away from? Credit of video to the New York Times: https://lnkd.in/eV53bxMQ #Innovation #SpaceExploration #FutureTech #MissionDrivenTeams
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