The originally discussed tender offer, ranging between $500-750 million at $95/share, has now seen a rise to $97/share, Bloomberg reported
Elon Musk‘s SpaceX plans to offer insider shares at $97 apiece in a tender offer, marking a significant price increase, according to a Bloomberg News report citing sources. This price surge elevates the space and satellite company’s value to nearly $180 billion, it added.
The originally discussed tender offer, ranging between $500-750 million at $95/share, has now seen a rise to $97/share, Bloomberg reported. As of now, the rocket company holds a valuation of approximately $150 billion, positioning it among the most valuable private firms globally.