German Manager Magazin: SpaceX: Valuation of space company rises to 137 billion dollars002218

The evaluation of the controversial billionaire Elon Musk

(51) led space company SpaceX according to a media report, climbed to 137 billion dollars (128 billion euros) in another round of financing. Investors, led by venture capital firm Andreessen-Horowitz, have pumped another $750 million into the company, he said American TV channel CNBC

on Tuesday, citing inspected correspondence regarding the transaction. SpaceX and Andreessen-Horowitz initially made no statement about the information.

SpaceX is the most valuable US company not listed on the stock exchange. By 2022, it had raised just over $2 billion, according to the report, with a valuation of $127 billion at the last confirmed funding round in July.

Musk has $47 billion worth of shares in SpaceX

SpaceX was founded by Musk. The 51-year-old billionaire runs the space company – as does the electric car manufacturer Tesla and the short message service Twitter. He also holds shares in SpaceX.

The value of his stake was recently estimated at $47 billion in US media reports. Musk’s net worth is currently estimated at $137 billion by the Bloomberg news agency around 200 billion dollars less than in autumn 2021. At that time, his fortune was around $ 340 billion due to the soaring share of the electric car manufacturer Tesla, in which Musk also holds shares. Elon Musk is no longer the richest person in the world, but the French multi-billionaire Bernard Arnault (73)

, ruler of the luxury group LVMH.

Last year is the Tesla course

fell by around 65 percent – partly because Musk had to throw shares for almost 40 billion dollars on the market in order to be able to finance the controversial purchase of Twitter. Musk bought Twitter for $44 billion last year after much hesitation and took over the management of the company after the deal was complete.

Investor Andreessen Horowitz is also known as a16z. The venture capital firm also participated in Musk’s purchase of Twitter in October 2022. Early investors in SpaceX include Founders Fund, Sequoia, Gigafund, and many others.

SpaceX offers reusable rockets and satellite internet. The company’s satellite Internet service, Starlink, gives numerous people in the Ukraine Access to the Internet since the infrastructure collapsed after the Russian invasion. The Starship program, with which NASA and SpaceX want to bring astronauts back to the moon, was delayed last year. After Musk had recently repeatedly commented on geopolitical issues on Twitter, Nasa boss Bill Nelson (80) recently asked SpaceX CEO whether the distraction of his new role as Twitter CEO could affect cooperation with the space agency.

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