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Michele Mattei Michele Mattei is an Influencer

Fintech expert | Manager | Investor | Advisor

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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Anthony Malbrough Jr

Desktop Support Specialist | Skilled in upgrading Windows systems, diagnosing hardware issues, managing networks, software applications, and promoting Cybersecurity Awareness.

2w

So what people if he got 400B dollars. The govt really needs to wake up and stop overspending on people like this. This is part of the reason why so many americans are struggling financially.

Tesla, xAI, SpaceX… What’s next, Elon? Building houses on the moon? Wait… do they need energy storage systems there? Asking for future customers! 😉

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Kevin Dubrosky

Co-Founder, Cigar Capital Partners. “Nothing to see here.” *sips 🥃*

1w

All this proves is that his employees are drinking the Kool-Aid. I could start a new company, issue 1,000,000,000,000 shares and employ my two closest friends and if one of them buys 1 share for $1,000 I now run the world’s first quadrillion-dollar company.

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Afik Aviv

Risk Manager @ Venmo | Building Customer-Centric Risk Products That Balance Fraud Prevention & Customer Experience | Driving Business Growth with Data-Driven Innovation | Payments | Fintech

2w

Looks like SpaceX isn’t just aiming for Mars—it’s already in another galaxy when it comes to valuations. Next stop: $1 trillion?

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Param Patel

AI & Digital Marketing, UX Design & Crypto

2w

He will soon be the worlds first trillionare.

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Pam Godman

Real Estate Solutions Provider at Glover Properties

2w

He’s done things for our country I have to say.

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Alfred T.

2nd Generational Heir to Nikola Tesla, 1st to Drazen, World's leading authority on CTP Energy Science, C-domain Communication™, CTP (anti)gravitic & FTL propulsion. Architect of the Nth Industrial Revolution™

2w

Elon Musk does not have #CTPEnergy.

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