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SpaceX valued at $210B, becomes most valuable aerospace company
It appears that Elon Musk now leads the world’s most valuable carmaker and the world’s most valuable aerospace company. While not publicly traded, recent reports have suggested that SpaceX is now valued at $210 billion, making it the world’s most valuable aerospace company.
A recent report from Bloomberg News has indicated that SpaceX will be selling insider shares at $112 per share in a tender offer. Citing people reportedly familiar with the matter, the publication noted that the tender offer would boost the value of the Elon Musk-led aerospace company to $210 billion. SpaceX reportedly priced its current tender offer at $112 per share due to strong investor demand.
Valued at $210 billion, @elonmusk SpaceX is now the most valuable private American company in history.
It is now more valuable than household, legacy brands like McDonalds ($185B) and Disney ($186B) pic.twitter.com/cQyec6WMmg— Stock Talk (@stocktalkweekly) June 27, 2024
With its valuation of $210 billion, SpaceX stands as the world’s most valuable aerospace company. GE Aerospace, the second-most valuable aerospace firm, is worth around $186 billion, as noted in a Barron’s report. RTX, Boeing, and Lockheed Martin are in third, fourth, and fifth place. SpaceX has also become more valuable than household names like Disney and McDonalds, both of which are valued at $186 billion.
SpaceX has not just become the world’s most valuable aerospace company. It has also become the world’s most experienced space enterprise based on number of launches. SpaceX has 360 launches under its belt, the vast majority of it being accomplished by its reusable workhorse rocket, the Falcon 9. In comparison, NASA’s Space Shuttle racked up 135 launches during its tenure. The ULA, on the other hand, has garnered 155 launches.
SpaceX's valuation hit a new record high of $210 billion. 3 years ago it was $100 billion, 5 years ago it was $32 billion & 10 years ago it was $10 billion.
If SpaceX went public at this valuation it would be the 35th largest company in the S&P 500.https://t.co/l5IYmkf6Ih pic.twitter.com/yCZkKJc1Gm— Charlie Bilello (@charliebilello) June 27, 2024
SpaceX is only 22 years old, which makes it pretty young compared to its competitors in the aerospace sector. Despite this, the company’s rapid rise over the years has become nothing short of remarkable. Industry watchers noted that just three years ago, SpaceX was valued at just about $100 billion, and five years ago, the company was valued at just about $32 billion.
Its rise to the world’s most valuable aerospace company mirrors that of Tesla, which is also led by Elon Musk. Tesla is only 21 years old, making it far younger than its competitors like Toyota, which was founded in 1933. Despite this, Tesla remains the world’s most valuable automaker today with a market cap of $631 billion.
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Tesla just built it 10 millionth car
Tesla just officially confirmed it has built its 10 millionth car, a major milestone for the company that started producing sustainable electric powertrains less than two decades ago.
In that time, Tesla has truly revolutionized the automotive industry, disrupting the idea of what a car should be, how it should be fueled, and how it truly impacts day-to-day life.
10 million vehicles produced globally.
Congrats to all Tesla teams! pic.twitter.com/JkcraR63bs— Tesla Manufacturing (@gigafactories) July 30, 2026
Tesla achieved this feat across four production facilities: the Fremont Factory in Fremont, California, Gigafactory Shanghai in China, Gigafactory Berlin in Germany, and Gigafactory Texas in Austin, Texas.
The 10 millionth vehicle was a Diamond Black Model Y.
Over the course of the past roughly 18 years, Tesla has evolved its lineup from a sporty sedan built on a Lotus body to a lineup of various body styles, performance metrics, and other characteristics that make each one unique.
This is an incredible achievement for a company that is young compared to what it goes up against. When Tesla entered the automotive market, Ford, GM, and Stellantis widely dominated the playing field. Since then, Tesla has caused such a disruption that these three massive brands had to scramble to create EV projects of their own.
Despite their best efforts, they have not been able to match the prowess or the effectiveness of Tesla. They are all reliant on Tesla’s charging infrastructure, their software is inferior, and their self-driving projects are elementary in comparison.
Tesla felt its fair share of growing pains over the years as well. As recent at 2019, there were complaints about build quality, paint quality, and overall luxuriousness. These things have all been improved upon through the company’s maturity, and these strides in quality have led to this 10 million vehicle production achievement, something that other small-and-scrappy EV makers will hope to accomplish one day.
Elon Musk
SpaceX scores another massive Pentagon deal to support military satellites
SpaceX just picked up another $1.6 billion from the Pentagon, with the U.S. Space Force awarding two task orders worth $1.6 billion to fly 18 Falcon 9 missions from Vandenberg Space Force Base in California through the end of 2027. The launches will carry satellites for the Space Based Sensing and Targeting portfolio, a set of programs meant to help the military detect and track airborne threats and relay that information across forces in near real time.
The award falls under National Security Space Launch Phase 3 Lane 1, the Space Force’s faster, commercial style procurement track for missions that do not require the military’s most demanding certification process. It is also the largest single order publicly disclosed under that program so far, and the first task order issued since the Space Force nearly tripled Lane 1’s contract ceiling from $5.6 billion to $17 billion on July 17.
SpaceX to become America’s Military data backbone for missiles, drones, and warfighters
Eric Zarybnisky, the Space Force’s acting portfolio acquisition executive for space access, said the entire process, from identifying the requirement to signing the contract, took about two months, including a month set aside for companies to prepare proposals.
SpaceX is not just launching these satellites. It already holds the contracts to build two of the programs within the same portfolio, $4.16 billion for the Space Based Airborne Moving Target Indicator system and $2.29 billion for the Space Data Network Backbone, which Teslarati covered in May. That means SpaceX is now responsible for both building key pieces of the military’s next generation sensing network and getting them into orbit.
With this latest award, SpaceX’s Pentagon contract total for 2026 alone tops $8 billion, adding to a defense portfolio that already includes the Golden Dome missile defense software group SpaceX joined in April and a string of GPS launches it inherited after ULA’s Vulcan rocket ran into a booster anomaly, which we detailed in March.
Lane 1’s vendor pool technically includes seven companies: SpaceX, ULA, Blue Origin, Rocket Lab, Stoke Space, Impulse Space, and Relativity Space. In practice, SpaceX remains the only provider with the combination of launch cadence, flight proven Falcon 9 hardware, and West Coast infrastructure to support a campaign requiring roughly one Vandenberg launch a month for the next year and a half.
Some lawmakers have flagged the growing concentration of national security launches with one company as a risk worth watching. For now, the Space Force keeps backing SpaceX, with it being the company that shows up ready to launch.
Elon Musk
Elon Musk sheds two new bits of detail on Starship after 13th test launch
Elon Musk shed two new bits of detail on Starship following its 13th test launch, which was an overwhelming success.
SpaceX launched Starship for the 13th time last Friday after two delays: one on Monday when several Raptor engines did not ignite, and another on Thursday due to unfavorable weather conditions in Starbase, Texas.
The launch was overwhelmingly successful. SpaceX was able to complete a necessary test of the heat shield tiles by increasing the acceleration of Starship from launch throughout the flight; 20 Starlink v3 satellites were released with no issue; the Super Heavy Booster landed safely in the Gulf of America, Ship successfully reignited engines while in space; and it also splashed down without incident in the Indian Ocean.
SpaceX Starship just nailed something it’s never done before
Nevertheless, more details are coming out about Starship, and Musk is doing the talking.
Starship Will Be Retrieved in the Ocean
Musk revealed on Tuesday night that Starship would be recovered by a ship in the Indian Ocean. SpaceX routinely tries to recover Starship after splashdown in an effort to find out more about the flight by examining the spacecraft afterward.
We’re sending a ship out to recover Starship https://t.co/fUqUZTITO9
— Elon Musk (@elonmusk) July 28, 2026
This helps engineers find out more about why things might have happened, allows them to examine any potential damage or anomalies that might have occurred, and increases the chances of an even more successful flight next time thanks to the additional information recovered.
Ship Could Have Been Caught by Tower Arms, Musk claims
Musk has already indicated that SpaceX will plan to attempt a catch of Starship with the 14th test flight. While this would be a major accomplishment, it would be an expected next step, considering the fact that the Super Heavy Booster has already been caught by the chopsticks on numerous occasions.
The ship landing was precise, meaning that it would have been caught by the tower arms https://t.co/6nbNrRfX9P
— Elon Musk (@elonmusk) July 29, 2026
A ship catch would be a great indication of where SpaceX stands in terms of reusability and launch cadence. A successful catch with relatively no incidents would be a good sign that SpaceX is nearing a more frequent launch of Starship, but also that the reusability of the massive rocket would be something many would expect in the near future.
It is a necessity to make life multiplanetary.

