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Elon Musk’s SpaceX Plans To Launch Tender Offer Valuing It at $250B
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Main points
- Elon Musk’s SpaceX reportedly plans to sell existing shares in a tender offer next month.
- The move to sell shares at $135 a share could value the company at more than $250 billion.
- Musk’s net worth has surged since Donald Trump was re-elected, amid speculation that Musk’s ties to the president-elect could benefit his company.
Elon Musk’s SpaceX reportedly plans to launch Tender offer Next month, the company will sell existing shares at $135 per share.
The move would value the private rocket maker at more than $250 billion, up from an estimate of $210 billion earlier this year.
As of Friday, Musk is the world’s richest person Estimated net worth According to statistics, more than 300 billion US dollars Forbes and Bloomberg.
The Tesla CEO’s net worth has surged as Tesla stock has risen since Donald Trump was re-elected as president (Tesla) climbs amid speculation about Musk’s relationship with president-elect can benefit his company.
Musk and SpaceX are likely to receive more attention from NASA under a second Trump administration. The agency’s Artemis program, which plans to use SpaceX’s Starship rockets for crewed lunar missions, is expected to focus more on missions to Mars under Trump, a long-standing priority for Musk , Reuters reported.
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