SpaceX Valuation Jumps $100 Billion to $350 Billion in Tender Offer Talks

Dec 2, 2024, 11:30 PM

SpaceX, the rocket and satellite company founded by Elon Musk, is reportedly in discussions for a tender offer that could value the company at approximately $350 billion. This valuation represents a $100 billion increase from the $255 billion valuation considered last month. If finalized, this would make SpaceX the most valuable startup globally, surpassing Bytedance. The tender offer involves the sale of insider shares, reflecting strong investor confidence in the company's growth trajectory.