TOP 10 – TECHNOLOGY UNICORNS

VALUATION: US $ 350BN CEO: ELON MUSK LOCATION: HAWTHORNE, USA SIGNIFICANT BACKERS: FOUNDERS FUND, DRAPER FISHER JURVETSON, ROTHENBERG VENTURES

A key NASA partner, SpaceX has achieved numerous industry firsts, including reusable rocket technology and continues to be the most valuable privately-owned company in the world.

SpaceX’ s explosive growth is driven by two key pillars: Starlink, which generates US $ 8.2bn in revenue and accounts for about 65 % of SpaceX’ s total valuation at US $ 227.5bn, and its rocket launch business representing 35 % at US $ 122.5bn.

With five million subscribers and projected revenue of US $ 11.8bn in

2025, Starlink dominates satellite internet. SpaceX controls 85 % of orbital aunches and has secured major contracts including a US $ 1.8bn NRO deal.

Despite recent Starship test failures with the rocket losing control mid-flight, investor confidence remains strong. The company’ s soaring valuation comes as it furthers its dominant position in the space industry while advancing its Mars colonisation mission and nextgeneration Starship development.

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