Dec 13, 2022

New SpaceX tender offer reportedly raises company’s valuation to $140 billion

Posted by in categories: Elon Musk, space travel

The private space firm has had another record-breaking year.

SpaceX has already had an astronomical year. And now, the private space company is offering to sell insider shares at a price that would raise its valuation to roughly $140 billion.

SpaceX’s new $140 billion valuation.

Sundry Photography/iStock.

SpaceX, run by the world’s richest person, Elon Musk, is offering a price of $77 per share, according to anonymous insiders interviewed by Bloomberg. If the report on that new valuation is true, it will raise SpaceX’s standing by $13 billion over its $127 billion valuation in July.

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