5 Most Valuable Pre-IPO Companies in The World

2. SpaceX

Valuation: $137 billion

Founded in 2002 by Elon Musk, Hawthorne, California-based Space Exploration Technology Corp, commonly known as SpaceX, designs, manufactures and launches rockets and spacecraft. Its projects include Dragon, Falcon 9, Falcon Heavy, Starlink and StarShip, among others.

According to a CNBC report in January 2023, SpaceX is raising $750 million in a new funding round at a valuation of $137 billion. Potential investors include Andreessen Horowitz, Founders Fund, Sequoia, Gigafund and many others.