SpaceX hits new milestone transforming into a global giant
SpaceX is in a while culminating a successful 2024, with the development of its Starship rocket and the expansion of the Starlink constellation. Now, the company is gearing up for a new financial operation that could increase its value to $350 billion, as reported by Bloomberg.
An offer to buy shares will allow employees to sell their shares to a select group of investors, solidifying its position as a giant in the private sector. This type of transaction, done twice a year by the company, provides liquidity to shareholders without needing to go public, maintaining strict control over its structure and strategy.
### Record-breaking Valuation
If this operation goes through, SpaceX could reach a historic valuation. The increase from $175 billion in December 2023 to the estimated $350 billion places SpaceX at the top of the most valuable private companies in the world. This jump reflects not only its success in the aerospace industry but also its ability to generate confidence among investors and employees.
The company also leads global space activity with 148 rocket launches planned for 2024. This unprecedented pace solidifies its position as the leading player in the sector, surpassing even state space agencies.
### Missions that will Define the Future
The next year will be crucial for SpaceX as it takes on strategic missions within NASA’s Artemis program. These include the return of a human crew to the Moon and the establishment of a permanent lunar base. The company will also conduct fundamental technological tests, such as fuel transfer between two Starships in low orbit and the demonstration of the Starship HLS lunar module.
Furthermore, in early 2025, SpaceX plans to launch a Falcon rocket with a lunar landing module developed by Firefly Aerospace, marking another significant step in its technological collaborations.
### A Unique Business Model
Unlike other tech companies like Tesla, SpaceX has chosen to stay out of public markets. This approach allows it to avoid stock market fluctuations and focus on its long-term vision. Its success also lies in constant innovation and a structure that encourages reinvestment in key projects.
With these achievements and ambitions, SpaceX not only redefines the landscape of space exploration but also sets a new standard for private companies worldwide. Its ability to push boundaries remains an inspiration for the industry and a reminder of human potential when innovation is combined with determination.
SOURCE: .
