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SpaceX on track to become third most valuable private company in the world
SpaceX is on track to become the third most valuable private company in the world if it successfully raises a new round of funding.
First reported and confirmed by CNBC, SpaceX hopes to raise between $500 million and $1 billion via a new investment offering. The Series N round would ultimately value the company at $44 billion – second only to China’s Didi and Bytedance (known in the US for TikTok) – if SpaceX finds significant investor interest at the upgraded $270 share price. Based on the ~$3.4 billion SpaceX has raised over more than a dozen rounds in just the last several years, strong investor demand is all but guaranteed.
The confidence and interest of investors can be explained in large part by SpaceX’s spectacular success in the face of countless systemic and technological challenges, as well as its association with founder and Tesla CEO Elon Musk. Perhaps even more at odds with success than SpaceX’s near-term goals, Tesla’s meteoric rise and iron grip on the global consumer electric vehicle industry has unsurprisingly helped convince many that success is often just a matter of time for Musk’s calculated ventures.
Like several recent fundraising rounds, SpaceX is seeking investors willing to support the company’s long-term vision in the hopes that its Starship and Starlink programs will be as disruptive and revolutionary as they aim to be. CNBC reports that SpaceX is telling prospective investors that Starlink aims to become a major player in a range of industries with a potential global market of more than $1 trillion per year. That figure is almost certainly a best-case theoretical value assuming that SpaceX has completed a vast ~40,000-satellite Starlink constellation and is able to capture almost every single prospective customer.
It’s still within the realm of possibility, though. On its own, Starlink holds the potential to become one of the largest companies in the world – public or private – if SpaceX achieves every ambitious goal it’s set itself to. In that context, there’s a chance that acquiring a stake in SpaceX at a valuation of ~$44 billion will set investors up for unprecedented returns on the order of Tesla investors buying shares for $100-200 in the early 2010s.
Of course, that investment rationale doesn’t even touch on Starship, aside from the fact that Starship will be a necessity if SpaceX is to have any chance of launching and maintaining a constellation of tens of thousands of satellites. Beyond the Starship/Super Heavy launch vehicle’s integral role in future plans for Starlink, the next-generation rocket is arguably a much thornier technical challenge than Starlink while also offering far less return-on-investment (ROI) certainty. Relative to other industries, particularly those with demand for communications services, the global demand for commercial launch services is minuscule, representing just a few billion dollars per year.
Even if Falcon 9 – let alone Starship – dramatically cuts the cost of access to orbit, there’s no guarantee beyond basic economic theory that lowering the barrier to entry will necessarily expand the market for launches. For a radical expansion in demand, entire new space-adjacent industries will have to be created given that the vast majority of modern demand comes from space-based communications companies.
SpaceX has known that this would be the case for at least half a decade, however, and is thus intelligently positioning Starlink as a primary investor focus as far as revenue and profit are concerned. Starlink would thus help SpaceX complete the Starship launch vehicle, which is far more focused on the company’s foundational goal of making humanity a multiplanetary species by enabling the creation of a self-sustaining city on Mars. Still, Starship will need to be revolutionarily affordable, reliable, and reusable for SpaceX to ever even dream of achieving that founding goal.
In the process of tackling those technical challenges, Starship could very well expand the global space industry by one or several magnitudes, but it will remain a major wildcard up until the day it does.
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News
China considering EV acceleration limits to curb high-speed accidents
If approved, the regulation would be a national standard.
Recent reports have emerged stating that China is considering new national standards that would restrict how fast electric vehicles can accelerate upon each startup. The potential regulation is reportedly being considered amidst a rise in EV-related crashes.
The draft for the proposed regulation was released by the Ministry of Public Security on November 10. If approved, the regulation would be a national standard.
New regulation targets default performance limits
Under the proposal, all passenger vehicles would start in a state where acceleration from 0–100 km/h (0-60 mph) would take no less than five seconds. This rule would apply to both pure EVs and plug-in hybrids, and it is aimed at preventing unintended acceleration caused by driver inexperience or surprise torque delivery.
The public has until January 10, 2026, to submit feedback before the rule is finalized, as noted in a CNEV Post report.
Authorities have stated that the change reflects growing safety concerns amidst the arrival of more powerful electric cars. The new regulation would make it mandatory for drivers to deliberately engage performance modes, ensuring they are aware and ready for their vehicles’ increased power output before accelerating.
A rise in accidents
China’s EV sector has seen an explosion of high-powered models, some capable of 0–100 km/h acceleration in under two seconds. These speeds were once reserved for supercars, but some electric cars such as the Xiaomi SU7 Ultra offer such performance at an affordable cost.
However, authorities have observed that this performance has led to an uptick in accidents. I recent years, incidents of crashes involving lack of control in vehicles with rapid acceleration have risen, as per an explanatory note accompanying the draft.
Part of this is due to drivers seemingly being unprepared for the power of their own vehicles. For context, driving schools in China typically use cars that accelerate to 100 km/h in more than 5 seconds. This level of acceleration is also typical in combustion-powered cars.
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Tesla Superchargers crowned best EV charging network in the UK for 2025
The Tesla Supercharger network was voted Best Large EV Charging Network for the second consecutive year.
Tesla has once again claimed the top spot in the UK’s most anticipated EV charging satisfaction survey. As per Zapmap’s 2025 driver satisfaction rankings, the Tesla Supercharger network was voted Best Large EV Charging Network for the second consecutive year.
The annual survey, based on thousands of EV driver responses, measures reliability, ease of use, and payment experience across the UK’s public charging landscape.
Tesla tops the survey’s “Large” category
Zapmap’s 2025 rankings, which were drawn from nearly 4,000 battery electric vehicle (BEV) drivers, reflect how quickly public charging is evolving across the UK. For the survey’s “Large” network class, which includes systems with over 500 devices, Tesla once again stood out for reliability and cost efficiency.
The automaker now offers 1,115 open Supercharger devices at 97 public sites, roughly 54% of its total UK network. That’s a 40% increase in public availability compared to September 2024. A particularly appreciated aspect of the Supercharger network is its cost, which continues to be “significantly lower prices than most rapid/ultra-rapid networks, with drivers also appreciating its reliability,” Zapmap noted.
Tesla Regional Manager’s comments
Ollie Dodd, Senior Regional Manager for Northern Europe Charging at Tesla, shared his appreciation for the Supercharger network’s award.
“We’re thrilled to win Zapmap’s Best EV Charging Network for the second year in a row. Being recognized by the drivers themselves shows that our customer-centric and data-driven approach to building sites is well-received. We look forward to showcasing more customer-centric features in 2026 as we expand the network further and look towards new initiatives in roaming and payment methods,” he said.
Conducted during September and October 2025, Zapmap’s eighth annual survey found that reliability and payment flexibility remain top priorities among EV drivers, two things that the Supercharger network particularly excels in. Fortunately for UK EV owners, the Supercharger network is also aggressively growing.
@teslarati 🚨🚨 Tesla Full Self-Driving and Yap is the best driving experience #tesla #fsd #yapping ♬ I Run – HAVEN.
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Tesla Superchargers to be opened for VW ID.4 and ID. Buzz owners
The adapter, however, would need to be purchased by eligible customers.
Volkswagen has announced that owners of the ID.4 and ID. Buzz will soon gain access to Tesla’s expansive Supercharger network across North America.
Starting November 18, eligible drivers can charge at more than 25,000 compatible DC fast chargers using a Volkswagen-approved NACS adapter. The adapter, however, would need to be purchased by eligible customers.
Volkswagen goes NACS
To connect with the Tesla Supercharger network, ID.4 and ID. Buzz owners will need a $200 Volkswagen NACS-to-CCS adapter, which is available from dealers or online at parts.vw.com. Original owners of 2025 models can claim a $100 rebate within 90 days of purchase, with the program running through July 15, 2026, as noted in a press release. Starting with model year 2026, the NACS adapter will be included as standard equipment on all new Volkswagen EVs.
It should be noted that Volkswagen’s NACS adapter enables charging exclusively on DC fast chargers compatible with Tesla’s North American Charging System. It cannot be used with Level 1 or Level 2 AC chargers, including Tesla’s own Destination Charger network. Select 2024 and 2025 models will also receive a software update to ensure optimal performance when charging through NACS.
Volkswagen of America SVP’s comments
Volkswagen of America Senior Vice President of Product Marketing and Strategy Petar Danilovic shared his excitement about the ID.4 and ID. Buzz’s upcoming use of the Tesla Supercharger Network.
“This is great news for our EV owners,” he said. “They will now be able to access the more than 25,000 DC fast chargers on the Tesla Supercharger network across the United States, in addition to the more than 5,000 fast chargers on Electrify America’s grid. This makes life much more convenient, whether you are taking a road trip or you rely on public charging should home charging not be an option.”
To use the Supercharger Network, ID.4 and ID. Buzz owners could use the Tesla app to find compatible stations and pay directly for their charging sessions. Combined with Electrify America’s growing network, ID.4 and ID. Buzz owners now have more options for their charging needs, allowing them to travel long distances in their all-electric cars.
@teslarati 🚨🚨 Tesla Full Self-Driving and Yap is the best driving experience #tesla #fsd #yapping ♬ I Run – HAVEN.
China considering EV acceleration limits to curb high-speed accidents
Tesla Superchargers crowned best EV charging network in the UK for 2025
Tesla Superchargers to be opened for VW ID.4 and ID. Buzz owners
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