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SpaceX logo and Elon Musk silhouette are seen in this illustration taken, December 19, 2022. REUTERS/Dado Ruvic/Illustration/File Photo
SpaceX logo and Elon Musk silhouette are seen in this illustration taken, December 19, 2022. REUTERS/Dado Ruvic/Illustration/File Photo
A SpaceX Falcon Heavy rocket lifts off from historic launch pad 39-A at the Kennedy Space Center in Cape Canaveral, Florida, U.S., February 6, 2018. REUTERS/Thom Baur/File Photo
A SpaceX Falcon Heavy rocket lifts off from historic launch pad 39-A at the Kennedy Space Center in Cape Canaveral, Florida, U.S., February 6, 2018. REUTERS/Thom Baur/File Photo
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Musk's SpaceX value jumps closer to $180 bln in tender offer - Bloomberg News

December 13th, 2023 | 02:20 AM TECH Disrupted 1

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By Reuters

Elon Musk's SpaceX will sell insider shares at $97 apiece in a tender offer, a price increase that boosts the value of the space and satellite company closer to $180 billion, Bloomberg News reported on Tuesday, citing people familiar with the matter.

The world's second-most valuable closely-held startup was discussing a tender offer that could range from $500 million to $750 million at about $95 per share, which has now risen to $97 per share, Bloomberg said.

The rocket company's current valuation of about $150 billion makes it one of the most valuable private companies in the world.

SpaceX did not immediately respond to a Reuters request for comment.

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