What’s behind SpaceX’s $74 billion valuation: Elon Musk’s two ‘Manhattan Projects’
- Elon Musk’s SpaceX is now worth $74 billion after it raised more capital last week, with strong demand from investors who believe the company’s two ambitious projects will drive that valuation even higher.
- Starship and Starlink are “two Manhattan Projects running in parallel,” Quilty Analytics founder Chris Quilty told CNBC
- The former is a next-generation rocket the company is developing, while the latter is the global satellite internet network that SpaceX has begun to roll out.
- “Is Elon about to do to telecom what he’s done to cars and batteries?” Jonas asked about Starlink’s satellite internet service.
- https://www.cnbc.com/2021/02/19/spacex-valuation-driven-by-elon-musks-starship-and-starlink-projects.html
