{"id":37814,"date":"2023-07-19T14:56:04","date_gmt":"2023-07-19T18:56:04","guid":{"rendered":"https:\/\/ifintechworld.com\/uncategorized\/spacex-revenue-expected-to-double-soaring-to-8-billion\/"},"modified":"2023-07-19T14:56:06","modified_gmt":"2023-07-19T18:56:06","slug":"spacex-revenue-expected-to-double-soaring-to-8-billion","status":"publish","type":"post","link":"https:\/\/ifintechworld.com\/?p=37814","title":{"rendered":"SpaceX revenue expected to double, soaring to $8 billion"},"content":{"rendered":"
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\u00a9 Reuters. SpaceX revenue expected to double, soaring to $8 Billion<\/span>
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SpaceX is expected to see a significant boost in sales, with forecasts suggesting it will double its revenue to approximately $8 billion in 2023, according to The Information, citing people familiar with the matter.<\/p>\n

This projection, shared with select investors, explains the enthusiasm surrounding SpaceX shares, which have outperformed other private tech valuations that have recently been depressed.<\/p>\n

Last week, CNBC reported that Elon Musk\u2019s SpaceX valuation reached nearly $150B following an announcement of a stock sale by existing investors. According to a copy of the purchase offer sent by CFO Bret Johnsen, which CNBC obtained, the company has entered into an agreement with new and existing investors to sell up to $750 million in stock at a price of $81 per share.<\/p>\n

This represents a 5% increase from the previous secondary sale at $77 per share, which valued the company at approximately $140B. SpaceX has not provided any comments regarding the purchase offer.<\/p>\n<\/div>\n

Read the full article here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

\u00a9 Reuters. SpaceX revenue expected to double, soaring to $8 Billion SpaceX is expected to see a significant boost in sales, with forecasts suggesting it will double its revenue to approximately $8 billion in 2023, according to The Information, citing people familiar with the matter. This projection, shared with select investors, explains the enthusiasm surrounding […]<\/p>\n","protected":false},"author":1,"featured_media":37815,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"video","meta":{"footnotes":""},"categories":[1],"tags":[83],"class_list":["post-37814","post","type-post","status-publish","format-video","has-post-thumbnail","hentry","category-uncategorized","tag-featured","post_format-post-format-video"],"yoast_head":"\nSpaceX revenue expected to double, soaring to $8 billion | iFintechWorld<\/title>\n<meta name=\"description\" content=\"\u00a9 Reuters. 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