Elon Musk’s space baby ignores his drama

It was not a great summer for Elon Musk’s rich. The billionaire did not make headlines for rockets or robots, but for explosive political drama. After Musk had cast almost 290 million US dollars of his own money in the election cycle of 2024 in Donald Trump’s election cycle, he has now formed his own “America party”. This unprecedented step has accelerated a public and bitter end of his unique bromance with Trump.

The fracture, after Musk Trump’s characteristic “a big beautiful bill” criticized as a massive output catastrophe and publicly accused the management of a cover-up in which the Jeffrey Epstein files were involved. In his part, Trump struck hard, called Musk a “train accident” and threatened his companies with federal measures, which escalated a feud with high missions.

Tesla, the jewel of Musk’s public stocks, paid the price. The electric vehicle company has stored more than 350 billion US dollars in market capitalization since the beginning of the year. X, formerly known as Twitter, did not do much better: It is a KI chat bot Grok that spits out anti -Semitic content, and CEO Linda Yaccarino has just announced her resignation on July 9th.

But while Musk’s political stunts and technical misfires dominate the headlines, SpaceX blooms quietly.

According to the rocket company, the rocket company is reported to increase new funds that would increase its evaluation to around 400 billion US dollars, is around 400 billion dollars Bloomberg. If the deal goes through, SpaceX would continue to consolidate its status as one of the most valuable private companies in the world.

This is a long way from the place where it started.

SpaceX was founded by Musk in 2002 with the aim of making humanity several planetaries, and is now the undisputed leader in the commercial area. It has launched hundreds of rockets that brought NASA astronauts to the international space station and built the Starlink satellite internet service, which now has over 6 million users worldwide from June 2025.

The current CEO is still Elon Musk, but daily operations are largely monitored by Gwynne Shotwell, the long -time president and COO, which the company is attributed to a large scale in the middle of the distractions of Musk. Shotwell has been at SpaceX since 2002 and is largely attributed to the monitoring of operational success, the company’s customer relationships and the execution of its ambitious development programs. This established management structure enables the company to concentrate on its core mission, even if its founder navigates external controversy.

This latest donation effort is not unusual. SpaceX usually lasts two offers a year, so that employees sell shares and at the same time bring new capital. These discussions have not yet been completed, and the final assessment could shift depending on the market conditions.

In October 2021 SpaceX had a value of $ 100 billion. This number rose to 350 billion US dollars in December 2023. Now, just seven months later, the Rocket Company seems to be ready to jump again, even if the other Musk undertakings are weighed through scandal.

SpaceX rejected a statement.

Despite the external “Musk effect”, an assessment of 400 billion US dollars shows that investors see SpaceX as a fundamentally strong, independent unit with robust business basics. They rely on his technology, their contracts (including the lucrative government that deal with NASA and Pentagon) and their long -term vision for space research and global internet connectivity, instead of running from the controversy around its founder.

The capital raised will fuel the colossal projects of SpaceX, including the development of the spaceship, the fully reusable rocket system of the next generation for missions to moon and Mars and the continued expansion of the Starlink constellation. This financing is of crucial importance in order to achieve long -term vision of making humanity multiplanetar.