Space X skyrockets to an astonishing valuation of 350 billion dollars!
Musk's rocket empire could be worth more than the entire GDP of Portugal.
SpaceX is launching a takeover bid with a valuation reaching an incredible 350 billion dollars, up from last month's 255 billion dollars.
This astronomical leap would not only make SpaceX the most valuable startup on Earth but its value would even exceed that of many Fortune 500 companies.
As a backdrop, earlier this year its market value was 'only' 210 billion dollars.
It seems that bets on Mars colonies and satellite internet may actually yield massive returns.
Source: Bloomberg