NEW YORK, December 3, 2024 – Elon Musk's space venture, SpaceX, is reportedly valued at $350 billion following a new funding round, according to Bloomberg. This marks a significant increase from its previous valuation of $255 billion in November.
The company is in discussions regarding the sale of shares, although it has not publicly commented on the reports. Musk, who also heads Tesla and owns the social media platform X (formerly Twitter), continues to hold a stake in SpaceX.