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SpaceX Considers $200 Billion Valuation in Tender Offer with Shares Priced Between $108 and $110
May 23, 2024, 10:01 PM
Elon Musk's SpaceX is considering a plan to sell existing shares in a tender offer that could value the company at approximately $200 billion, according to Bloomberg. The discussions are ongoing, with the potential share price set between $108 and $110. This valuation would place SpaceX on par with some of the world's largest publicly traded companies by market capitalization. The shares are expected to be sold on the private markets, and the news has implications for related stocks such as $TSLA.
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