Reported 15 days ago
SpaceX and its investors are set to purchase up to $1.25 billion of insider shares, boosting the company's valuation to around $350 billion, according to an internal email. The per-share price increased significantly from a previous valuation, signaling strong demand among investors. SpaceX, a leading rocket launch provider, is capitalizing on its recent successes and the favorable business environment following the U.S. elections, solidifying its position as the most valuable private startup.
Source: YAHOO