Elon Musk's SpaceX has reached a valuation of about $400 billion after a recent secondary stock sale - up from ~$350 billion in December.
The key driver? Starlink. With about 4 million users, satellite internet activity is expected to generate $15 million in revenue by 2025.
Meanwhile, the company's rockets - Falcon and Starship - are backed by a $22 billion contract pipeline from NASA and the U.S. Department of Defense.#SpaceX #ElonMusk