Anticipated Surge: SpaceX Revenue Poised to Double, Reaching $8 Billion

SpaceX is on the verge of a substantial surge in its sales, with predictions indicating a potential doubling of its revenue to around $8 billion in the year 2023. Those familiar with the matter, as cited by The Information, have disclosed this projection to a select group of investors.

This promising outlook has heightened the appeal of SpaceX shares, setting them apart from other private tech valuations that have recently faced a downturn.

In a recent report by CNBC, Elon Musk's SpaceX was noted to have attained a valuation of nearly $150 billion, subsequent to an announcement of a stock sale by its existing investors. A purchase offer detailed by CFO Bret Johnsen and obtained by CNBC highlighted that the company has forged an agreement with both new and current investors to offload up to $750 million in stock at a rate of $81 per share.

This valuation represents a 5% uptick from the preceding secondary sale set at $77 per share, pegging the company's total value at approximately $140 billion. SpaceX has yet to issue any official statements concerning this purchase offer.