Business
SpaceX tender offer values company at around $150 billion – Bloomberg News
/cloudfront-us-east-2.images.arcpublishing.com/reuters/73PVHSXKT5LIHDTFDWHUSDQTL4.jpg "SpaceX tender offer values company at around 0 billion – Bloomberg News")
June 23 (Reuters) – Elon Musk’s SpaceX is offering to sell insider shares at a price that would raise the company’s value to about $150 billion, Bloomberg News reported on Friday, citing people familiar with the matter.
In January, the company was valued at $1[ads1]37 billion after raising $750 million in a funding round, according to a report from CNBC.
SpaceX did not immediately respond to a Reuters request for comment.
Reporting by Niket Nishant in Bengaluru; Editing by Maju Samuel
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