The company recently finished a $1.9 billion funding round, one of the largest single fundraising pushes by any privately held company, according to public filings and data aggregated by venture capital data firm Crunchbase. That brings SpaceX's overall valuation to $46 billion. The only two startups valued higher than SpaceX are two Chinese tech giants — rideshare company Didi Chuxing and TikTok parent company ByteDance. Valuing privately held companies is a matter of guesswork, as they are generally not obligated to publicly share their financial information, and companies negotiate new investments behind closed doors. That keeps existing investors happy because it indicates their stakes in SpaceX will keep going up in value.

Source: CNN August 19, 2020 21:22 UTC