Elon Musk's SpaceX Set For Record $210B Valuation In Tender Offer, But Still Valued Less Than TikTok: Report

Benzinga 2024-06-27

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Elon Musk‘s SpaceX is reportedly set to value itself at a record $210 billion in a tender offer, exceeding its previous $200 billion estimate. SpaceX is planning to sell insider shares at $112 each, a price higher than expected. This move will increase the company’s value to approximately $210 billion, reported Bloomberg on Thursday, citing sources familiar with the matter.

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