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Sector: Space

SpaceX is worth $800 billion, report says. This is only the beginning.

SpaceX could be a feast for investors in 2026. Friday, Bloomberg reported that SpaceX had set a secondary share sale, which valued the startup at about $800 billion, citing a company memo. The price in the secondary offering was $421 a share, the report said, up from a July price of about $212 from a … Read more

SpaceX may sell insider shares at historic $800 billion valuation; will the Elon Musk company float IPO soon?

SpaceX, the space transportation and satellite making company run by Elon Musk, is preparing to sell its insider shares in a transaction that would value it at higher than $500 billion, Bloomberg reported quoting people familiar with the development. This means that SpaceX is on its way to break OpenAI’s record, which had sold its … Read more

Govt wants private sector to invest in space; companies wait to see commitment from govt

The global space economy is currently around $447 billion, according to estimates by McKinsey. India’s share of the pie is about $8 billion, a measly two per cent. The Indian National Space Authorization Centre (IN-SPACEe) has set a target to increase this to 8% by 2033 and 15% by 2047, the 100th year of Independence. … Read more

Disclaimer: Nothing on this website should be considered as an advice to invest. The sole purpose of everything written here is information/ knowledge sharing. Reader is requested to do his independent research and/ or take professional services from SEBI registered advisors for any investment related decision.

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