SpaceX hits $100 billion valuation after secondary share sale

 

• https://www.cnbc.com/2021/10/08/elon-musks-spacex-valuation-100-billion.html
• The valuation of Elon Musk’s SpaceX crossed $100 billion following a secondary share sale by insiders announced this week, CNBC has learned.
• SpaceX has an agreement with new and existing investors to sell up to $755 million in stock from company insiders at $560 a share, according to people familiar with the deal. 
• The new valuation of $100.3 billion, up from $74 billion in February, means SpaceX has achieved a rare status as a private company: a $1 billion unicorn 100 times over.