SpaceX has already had an astronomical year. And now, the private space company is offering to sell insider shares at a price that would raise its valuation to roughly $140 billion.
One thing that remains unclear, however, is whether SpaceX will look to raise capital in a primary funding round at the new valuation. I continue to oversee both Tesla & SpaceX, but the teams there are so good that often little is needed from meSpaceX CEO Elon Musk recently tweeted that he does "continue to oversee both Tesla and SpaceX" despite concerns that his recent acquisition of Twitter has altered his focus. He did add, however, that the teams for both companies are "so good that often little is needed from me." Musk is the world's richest man, with a net worth of roughly $168 billion.