What does America’s most valuable startup do?

This company is worth about 150 billion dollars. SpaceX recently sold another portion of its stock at a price of $81 per share for a total value of $750 million, and now it has become a bigger startup.

This is the second time in the last 7 months that this company sells its shares. The $81 valuation means a 5% increase in its stock price compared to the previous $77 valuation. SpaceX is known as centicorn or unicorn startup worth more than 100 billion dollars.

The privately held company is not required to publish its financial results, but sometimes allows investors to sell shares in the company. Starlink satellites, which have covered most of the internet in some areas in the world, belong to SpaceX.






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