In global billionaires’ ongoing race to create the most successful space exploration company, it looks as if Elon Musk’s SpaceX has left its competition in the dust.
According to CNBC, a pending secondary share sale has boosted SpaceX’s valuation to $180 billion, placing its value above that of major U.S. military contractors.
This marks a 20% bump from the company’s previous $120 million valuation.
Though Jeff Bezos’ Blue Origin and Richard Branson’s Virgin Galactic are still attempting to catch up with Musk’s space exploration powerhouse. However, SpaceX’s latest valuation proves the company has already blasted off to atmospheric new heights.
