News > SpaceX at Over $100 Billion Is Now the World’s Second Most Valued Private Company

SpaceX at Over $100 Billion Is Now the World’s Second Most Valued Private Company

Evening Standard | 10/10/2021 09:15 AM | Click to read full article

Tech entrepreneur Elon Musk is in for a ride. The valuation of his space exploration company has reportedly skyrocketed to over $100 billion (Rs. 75,30,000 crores) following a secondary-share sale last week.

With the jump, SpaceX is now the world’s second most valuable private company, trailing only TikTok parent Bytedance, which is worth $140 billion (Rs. 105,00,000 crores).