Reported 9 months ago
SpaceX plans to sell insider shares at $112 each in a tender offer, increasing Elon Musk's space company's value to around $210 billion, higher than previous estimates. The new valuation, possibly a record for an American private company, shows significant investor demand, surpassing the $200 billion discussed earlier. While terms are not final and the offer size may change, SpaceX is now in line with some of the world's largest publicly traded companies by market capitalization, although it remains below the $268 billion valuation of ByteDance Ltd., owner of TikTok.
Source: YAHOO