Space
SpaceX Share Sale Values Company Around $255 Billion
- Company has begun early negotiations for its new share price
- Elon Musk’s space company was last valued at $210 billion
An attendee takes pictures of a mock up of the Crew Dragon spacecraft at SpaceX headquarters in Hawthorne, California.
Photographer: Patrick T. Fallon/BloombergThis article is for subscribers only.
SpaceX is in early discussions to sell insider shares that could boost the value of Elon Musk’s rocket and satellite company to around $255 billion, people familiar with the matter said.
That would be a premium to the company’s previous valuation of about $210 billion. It would also cement SpaceX’s status as the most valuable private US company.