SpaceX Reportedly Valued At Around $210 Billion In Planned Secondary Market Share Sale

Posted: Jun 27, 2024

- SpaceX is preparing for an insider share sale with a valuation above $200 billion - Each SpaceX share is valued at $112, making the company worth around $210 billion - The share sale size is not finalized and will depend on interest from existing and outside shareholders - With a valuation of $210 billion, SpaceX becomes the world's second most valuable startup after ByteDance, which was valued at $268 billion



🚨 Reddit sentiment: mixed/positive - While there are some concerns about the metrics and specifics of an investment in SpaceX, most comments express interest or positive sentiment regarding its valuation and ownership. Summarized comments: - SpaceX is not covered in r/stocks discussions if it hasn't announced an IPO - Google owns 7.5% of SpaceX - Several users express interest in buying SpaceX shares at the reported valuation - Some concerns about knowing the revenue, growth, and other metrics before investing in SpaceX - Accredited investors can buy shares of SpaceX on Hiive Stock tickers discussed: $GOOGL, DXYZ, PRIVX



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