Spacex Is Now One Of The World’S Most Valuable Privately Held Companies

PhotoThe two other closely held companies valued at more than $20 billion are both in China — ride-hailing company Didi Chuxing and consumer electronics maker Xiaomi.
“It means you can fly and refly an orbital class booster, which is the most expensive part of the rocket,” Mr. Musk said at the time.
Blue Origin, a rocket company founded by Jeff Bezos, the chief executive of Amazon, also aims to send tourists and supplies into space.
Five companies based in the United States that are valued at more than $20 billion — including Uber, Airbnb and WeWork — have upended established industries like transportation and real estate.
Mr. Musk faces potential competition in the rocket space from another billionaire.

Read more on: