SpaceX Is Now Worth More Than Boeing and Raytheon

SpaceX is rocketing up the rankings of aerospace and defense companies. It’s the most valuable aerospace and defense stock in the Western World, topping even the likes of Boeing and Raytheon Technologies.

Thursday, CNBC reported that SpaceX valuation hit $150 billion, based on a secondary sale of stock at $81 a share. SpaceX didn’t return a request for comment about the sale.

Elon Musk’s space company that pioneered reusable rockets is still privately held, but SpaceX still has shares that can be traded with sales arranged by the company or on third-party platforms such as Rainmaker Securities… Read Full Article