SpaceX Now More Valuable Than McDonald's and Coca-Cola
SpaceX CEO Elon Musk, the richest man in the world, just got a lot more rich. The private space company's valuation has sky-rocketed to $350 billion following a secondary share sale, CNBC reports, a stunning 67 percent rise from its June 2024 valuation, further cementing its dominance in the industry. That means SpaceX is now worth more than McDonald's, Coca-Cola — or even other top US defense contractors, per CNBC. The news highlights just how much Musk's influence over president-elect Donald Trump has instilled a sense of confidence among investors. "What’s really crazy about this is that almost no […]
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