SpaceX has raised its valuation in that last years as it was raising billions to fund its two capital-intensive projects: Starlink and Starship. For instance, Starlink is a project that is set to build an interconnected internet network that will provide internet to the whole world using satellites.
The project is described as a constellation in the space industry and is set to deliver high-speed internet to consumers across the whole world. 1,740 Starlink satellites have already been launched and over 100,000 users have already registered with the company.
Meanwhile, Starship is the next-generation rocket. SpaceX is planning to send people on missions to the moon and Mars on the cargo. The company is currently testing prototypes in southern Texas’ facility. According to SpaceX, its next step in testing the rocket is reaching the orbit after getting regulatory approval.
