SPACEX TENDER OFFER SAID TO VALUE COMPANY AT RECORD $210 BILLION

Summary from the TLDR newsletter

SpaceX will sell insider shares at $112 each in a tender offer that values the company at close to $210 billion. The company was valued at $180 billion in December. The new valuation is a record for an American private company. It puts SpaceX on par with some of the world's largest publicly traded companies by market capitalization. Terms on the tender offer haven't been finalized - the size of the offer could change depending on interest from both insider sellers and buyers.