The Valuation Game: SpaceX Soars as Elon Musk Slips to No. 2

Quiet weeks are rare in Elon Musk’s world. This past Monday, Bloomberg reported that Musk was raising funds for his space company, SpaceX. At $77 a share, the offer would lift Space X’s valuation 12%, to $140 billion.

That valuation is large enough to power past defense and aerospace giant


Lockheed Martin


which has an enterprise value, including debt, of $137 billion, and is the third most valuable defense and aerospace company in the West, after


Raytheon Technologies


and


Boeing


Trailing Lockheed is Europe’s


Airbus


and


Northrop Grumman