SpaceX to Become the Most Valuable Private Company

Elon Musk has started negotiations to sell shares of the company SpaceX. According to experts, if these negotiations are successful, the company’s valuation will reach 400 billion US dollars. As a result, SpaceX will become the most valuable private company in the world.

According to the Bloomberg publication, the price of one share will be 212 US dollars.

Earlier reports stated that SpaceX invested 2 billion US dollars to develop the chatbot “Grok,” created by Elon Musk’s artificial intelligence startup xAI.

At the end of last week, SpaceX’s official website was updated. Now, users visiting the site will have access to information about upcoming space flights.

It is also worth noting that at the beginning of May, Elon Musk’s Starbase spaceport was granted city status. Currently, the majority of the new city’s residents are employees of SpaceX and their family members.