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SpaceX Said to Value Company at Record $210 Billion

· 28.06.2024 · 00:00:23 ··· Freitag ⭐ 14 🎬 141 📺 Bloomberg Quicktake
SpaceX will sell insider shares at $112 apiece in a tender offer, a higher-than-expected price that boosts the value of Elon Musk’s space and satellite company closer to $210 billion, according to people familiar with the matter.

The company was last valued at $180 billion in a transaction in December, Bloomberg News reported.

The world’s second-most valuable startup decided to price its current tender offer — a transaction that enables employees and insiders like investors to sell shares — at higher than the $200 billion valuation that was discussed last month, due to significant investor demand, the people said, who declined to be identified as they’re not authorized to speak publicly.

Read more: https://www.bloomberg.com/news/articles/2024-06-27/spacex-tender-offer-said-to-value-company-at-record-210-billion?sref=omvmmwIg

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