SpaceX now one of the world’s most valuable companies


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Data from a new round of investment capital fundraising says that SpaceX is now valued at $21 billion, placing it among the only six venture-backed companies worth more than $20 billion.

The article also notes that this new valuation is up from the $12 billion listed only two years ago.

Update: As noted by my readers, I have revised the post to note that this story refers not to all companies but to those that obtained their financing privately.

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8 comments

  • wodun

    A launch rate rivaling the rest of the world will do that.

  • ted

    The article states ” just six other venture-backed companies are valued at $20 billion or more around the world.” That’s a long way from “SpaceX now one of the world’s most valuable companies” or ” SpaceX is now valued at $21 billion, placing it among the only six companies worth more than $20 billion.”

  • Matt in AZ

    The article says SpaceX’s value places it among the six other venture-backed companies worth so much. There are many companies (of other types) throughout the world that are worth far more than $20billion.

  • Matt in AZ

    Oops, looks like Ted beat me to it!

  • Thank you Ted and Matt. I have revised the post.

  • ken anthony

    Absolutely amazing considering they are in the development part of the growth curve rather than the revenue part with much greater cost efficiency to come.

    I’m miffed that I can’t buy stock even though Elon has plainly stated that profit is not his primary motivation.

  • Diane Wilson

    I can certainly understand why Musk wants to keep SpaceX private, since he’s pouring all the profits back into development. Stockholders, most of whom are pension funds and mutual funds, tend to want a share of those profits. They also tend to want a say in business plans, to ensure that they get those profits. I’ve worked in both privately held and publicly held companies; the difference is very real.

  • LocalFluff

    Oh, it’s easily worth it!
    As with media or weapons, your product has more benefits than the cash flow from customers. SpaceX will dominate all space flight and it will be very hard for anyone to catch up. And you all know what is in space, right? Everything!

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