SpaceX did not disclose changes in the company’s valuation. In the past few years, SpaceX’s valuation has skyrocketed, and the company has raised billions of dollars for two capital-intensive projects, the Starship system and the Starlink satellite Internet. In its last equity funding round in May, SpaceX reportedly raised $1.725 billion at a valuation of $127 billion.
SpaceX is working to get Starship into Earth orbit for the first time. Earlier this week, Musk tweeted that the company “may be in 1 to 12 months” to have Starship successfully orbiting.
