The valuation of the aerospace company SpaceX, of which Elon Musk is the founder and majority shareholder, has reached 350,000 million dollars, making it the most valuable private startup in the world.

According to the Financial Times, SpaceX and its investors will buy ordinary shares in the company worth 1,025 million dollars at a unit price of 185 dollars per share, an increase of 65% compared to the previous transaction last September, when employees sold shares at 112 dollars each.

According to Bloomberg, SpaceX will buy around 500 million dollars of shares in the transaction, with the rest of the capital to be provided by external investors.

In mid-November, SpaceX had proposed setting the price of each of its shares at around 125 dollars, which would have valued the company at more than 250 billion dollars, but it ended up increasing that value in the face of strong investor appetite.

On the other hand, Musk's artificial intelligence startup, xAI, raised 6 billion dollars earlier this month, with a valuation of 50 billion dollars, around double its valuation six months earlier.

Tesla's share price has soared 60% since the elections on November 5th, giving the electric car manufacturer a record capitalization of 1.26 billion dollars.