While Elon Musk is very synonymous with Tesla but do not forget the startup company (startup) owned by the millionaire who managed to launch a rocket into space, SpaceX.
Recently the space engineering company has seen its valuation soar to $ 125 billion in an ongoing session of stock selling in the secondary market.
It will also position SpaceX as the most valuable startup company in the United States (US).
That’s when SpaceX shares soared to $ 56 each since last October after a 10-1 split that put the company’s value at $ 100 billion for the first time.
Although no new shares were issued in the secondary market, the company managed to perform well to investors last year so that SpaceX’s share price is now at $ 72.
Armed with a market value of $ 125 billion, SpaceX managed to overtake financial giant Stripe which is worth $ 115 billion in the secondary market.
For the record, it has become customary for high value private companies to offer shares in the secondary market to introduce liquidity to early investors.
So far Elon Musk who owns a 44% stake in SpaceX has yet to issue any statement on the achievements of this startup company.
Perhaps he is busy with a $ 44 billion deal to acquire Twitter that is still unfinished or is showing off his Tesla assets to Indonesian President Jokowi Widodo.
Summary of SpaceX, it is a company that has launched many cargo and astronauts to the International Space Station for the National Aeronautics and Space Administration (NASA).
In addition it is also hotly competing with space company Jeff Bezos, Blue Origin and Virgin Galactic owned by Richard Branson in commercializing the space business.
