7 Things to Know About SpaceX Stock in 2022
News that Elon Musk’s SpaceX raised $850 million in funding, increasing its valuation to $74 billion put SpaceX stock on many investors’ wishlist.
SpaceX is Aiming for Mars
The company aims to make space transportation more feasible and sustainable. The final frontier? Oh, just to colonize Mars — no big deal.
SpaceX Has Partnered with NASA
The two organizations have actually been working together, and in May 2020, they launched the first human flight in spacecraft made by a private company ever.
SpaceX is More Efficient Than NASA
It costs SpaceX $90 million to launch a rocket — while that’s a lot of money, it’s significantly less than the $380 million its rivals typically charge for the same thing.
It’s Not The Only Private Space Company
SpaceX might have been the first private space exploration company to achieve anything of note, but it’s not the only one in the game. That’s right, Musk has some competitors!
SpaceX Stock Isn’t Publicly Traded (Yet)
SpaceX isn’t publicly traded, meaning that members of the public can’t buy shares.
SpaceX Has Some Impressive Investors
Investors currently include:
- Founders Fund
- Fidelity Investments
- Valor Equity Partners
- Steve Jurvetson
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