Reported 5 months ago
SpaceX is considering a tender offer at a valuation of around $200 billion, as reported by Bloomberg News. This potential valuation is higher than a previous offer of $180 billion, with shares potentially being sold at a price range of $108 to $110. Elon Musk mentioned that SpaceX does not require additional capital and will be repurchasing shares. The company's profitability and strategy of utilizing tender offers are highlighted, allowing insiders to sell shares without the need for an initial public offering.
Source: YAHOO