TLDR · BIG TECH & STARTUPS

SPACEX WEIGHS TENDER OFFER AT ROUGHLY $350 BILLION VALUATION

bloomberg.com2 min read

Summary from the TLDR newsletter

SpaceX is in discussions to sell insider shares. The sale could boost the value of the company to around $350 billion. Conversations about the sale are still ongoing and the details of the transaction could change depending on interest from insider sellers and buyers. The $350 billion valuation puts SpaceX on par with some of the world's largest publicly traded companies in terms of market capitalization.