SpaceX, the rocket maker founded by billionaire Elon Musk, has raised up to $350 million in new financing and is now valued at around $21 billion, making it one of the most valuable privately held companies in the world.
Five companies based in the United States that are valued at more than $20 billion — including Uber, Airbnb and WeWork — have upended established industries like transportation and real estate. Palantir, the analytics company that is in the $20 billion-plus valuation club, is vying to become a major government contractor, as is SpaceX.
Elon Musk has about 54% of Spacex which would now be worth $11.3 billion.
Elon Musk has 33.6 million shares of Tesla which at $337 per share is also $11.3 billion.
This would put Elon Musk’s net worth at $22.6 billion.
Over the next three years the key for Spacex is successful launching of the Spacex Heavy and continued success launching-landing-reusing rockets.
For Tesla the key is the successful production and sale of large numbers of Tesla 3s and other new car models.
Brian Wang is a Futurist Thought Leader and a popular Science blogger with 1 million readers per month. His blog Nextbigfuture.com is ranked #1 Science News Blog. It covers many disruptive technology and trends including Space, Robotics, Artificial Intelligence, Medicine, Anti-aging Biotechnology, and Nanotechnology.
Known for identifying cutting edge technologies, he is currently a Co-Founder of a startup and fundraiser for high potential early-stage companies. He is the Head of Research for Allocations for deep technology investments and an Angel Investor at Space Angels.
A frequent speaker at corporations, he has been a TEDx speaker, a Singularity University speaker and guest at numerous interviews for radio and podcasts. He is open to public speaking and advising engagements.