Recent reports indicate that SpaceX is now valued at a staggering $210 billion, surpassing household names in value such as McDonald's and Disney.

According to Bloomberg News, SpaceX plans to sell insider shares in a tender offer, pricing them at $112 per share due to strong investor demand. This move will further boost the company's valuation to $210 billion. This valuation not only makes SpaceX the most valuable private American company in history but also positions it ahead of other renowned aerospace firms.

Currently, GE Aerospace holds the second position, valued at around $186 billion, as reported by Barron's. Following behind are RTX, Boeing, and Lockheed Martin. However, SpaceX's valuation places it firmly at the top of the aerospace industry, setting a new record high.

SpaceX's rise to prominence has been nothing short of remarkable. With a track record of 360 launches, the company has quickly become the most experienced space enterprise in terms of the number of successful missions. Its achievement exceeds NASA's Space Shuttle, which garnered 135 launches, and the ULA, which recorded 155 launches.

This astronomical valuation also highlights the company's impressive growth over the years. Just three years ago, SpaceX was valued at $100 billion, followed by $32 billion five years ago, and a modest $10 billion a decade ago. If the company were to go public at its current valuation, it would rank as the 35th largest company in the S&P 500.

SpaceX's meteoric rise bears similarity to another venture led by Elon Musk - Tesla. Despite being just 21 years old, Tesla is now the world's most valuable automaker with a market capitalization of $631 billion, surpassing long-established competitors such as Toyota. The leadership of Musk seems to be instrumental in the success of both companies.

As SpaceX continues to innovate and accomplish groundbreaking missions, its value and influence in the aerospace industry will only continue to soar. With its remarkable achievement in becoming the world's most valuable aerospace company, SpaceX has firmly established itself as a force to be reckoned with in the realms of space exploration and technology.