Musk’s SpaceX close to becoming most valuable company worth $800bn ahead of IPO
While Elon Musk is rejoicing at the top of the world’s richest billionaires list, his SpaceX is now close to attaining the title of the most valuable private company, as per a New York Times report.
A newly reported deal will not only help boost the satellite and rocket-making agency’s valuation to $800 billion, but also further its founding tech titan’s longtime rivalry with Sam Altman. Currently, OpenAI is valued at around $500 billion, making it the present-day most valuable private company.
