Thursday, December 26, 2024
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SpaceX Mulls Tender Bid At $350B Valuation

SpaceX’s valuation persists in growing at an eye-popping pace. The company is reportedly in talks to sell inside the share price that can be valued at around $350 billion according to the report of Bloomberg.

That would mark an enormous increase from the $255 billion price rates that were calculated last month. It would mark an enormous increase from the $255 billion price rate that was calculatable from last month. That can be doubled since the shares were sold at a $175 billion valuation in December 2023.

SpaceX holds a very tender offering and that can be typically twice per year. That allows the employees to avail themselves of opportunities to sell a portion of their stock to a chosen number of investors. (As TechCrunch noted earlier this year, it’s a great offer with some serious fine print.). 

Sources close to the latest offer told Bloomberg that discussions are still going on and that specifics, such as the ultimate price, may change. However, SpaceX would become the world’s most valued venture-backed private corporation if the purchase went through. 

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News Source: https://shorturl.at/09i15

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