SpaceX stock falls 13% as AI spending surge rattles investors and massive share unlock looms

CEO Elon Musk said SpaceX would hit $1 trillion in annual revenue in 2030 versus a previous forecast of 2031 as he looked to strike an bullish tone.

The top 3

  1. Top 3 Private Companies by Valuation: As of July 2026, Anthropic ($965 billion), OpenAI ($852 billion), and Tether ($500 billion) stand as the world's most valuable private companies by valuation.
  2. SpaceX's Valuation Evolution Milestones: SpaceX's valuation rapidly grew from approximately $33.3 billion in May 2019 to $100.3 billion by October 2021, further reaching $1.25 trillion in February 2026 after its acquisition of xAI.
  3. Largest Private Company Funding Rounds: The largest private funding rounds include OpenAI's record-breaking $122 billion round in 2026, followed by Anthropic's $65 billion Series H round in the same year, and xAI's $20 billion Series E.

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