SpaceX Valuation Reaches Record of $350 Billion

SpaceX Valuation Reaches Record of $350 Billion

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Interactive Video

Business

University

Hard

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The video discusses the confirmation of SpaceX's $350 billion valuation, a record for a private company. Elon Musk's tweet and a document obtained by Lauren Gresh confirm this. The valuation increased from $112 to $185 per share, allowing long-term holders to cash out. SpaceX has been buying back shares, but demand exceeded supply, partly due to Elon's ties to Trump and a successful rocket launch. The valuation is driven by demand and future vision rather than clear metrics.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What role did Elon Musk's tweet play in the context of SpaceX's valuation?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What was the share price of SpaceX before the increase?

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