The exact size of the stake sale has yet to be determined and will likely depend on the interests of both existing shareholders and potential third-party buyers. That valuation would make SpaceX the world’s second-most valuable startup, just behind TikTok parent ByteDance, which was valued at $268 billion last December.
SpaceX’s significant increase in value comes after a series of successes, including launching several crewed spacecraft and winning a contract to decommission the International Space Station.
Source: Ferra
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