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Capitalization of SpaceX has grown to $137 billion.

Published: 2023-01-03

SpaceX, founded by Elon Musk, formally remains private, and therefore does not need to openly publish financial statements, and one can judge the state of affairs in its business only by indirect indicators. SpaceX recently raised a $750 million investment, raising the company's capitalization to $137 billion, CNBC learned from a business email.

Last month, there were rumors about SpaceX's intentions to sell part of its shares to third-party investors at a price of $77 apiece. Last year, SpaceX managed to raise a total of $2 billion in capital, and as of May 2022, the business was valued at $127 billion. The current round of investments totaling $750 million is to be led by Andreessen Horowitz. She was also involved in the Twitter share buyback deal last October, so she has a lot to do with Elon Musk.

SpaceX's activity last year cannot be unequivocally assessed. On the one hand, she has reached many important milestones in her long-term plan, but at the same time she was forced to delay the launch of the Starship spacecraft, which will take part in the next NASA lunar mission. A subsidiary of Starlink could connect more than 1 million subscribers to its satellite communications service. The Falcon program has allowed SpaceX to complete more than 60 reusable rocket launches last year. Representatives of the company's management assured NASA that the purchase of Twitter by Elon Musk will not affect his ability to effectively manage SpaceX and provide the government agency with the necessary services under existing contracts.