SpaceX Value Jumps Closer to $180 Billion in Tender Offer
- Size of the tender offer not yet finalized and could change
- Musk-led firm key player in space launch, internet services
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SpaceX will sell insider shares at $97 apiece in a tender offer, a price increase that boosts the value of Elon Musk’s space and satellite company closer to $180 billion, according to people familiar with the matter.
The world’s second-most valuable closely held startup has been discussing a tender offer that could range from $500 million to $750 million, Bloomberg News reported on Dec. 6.