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SpaceX said to sell insider shares, valuation at $350b
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SpaceX said to sell insider shares, valuation at $350b

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SpaceX is reportedly discussing a potential sale of insider shares, valuing the company at about US$350 billion.

This valuation would represent a significant increase from last month’s estimate of US$255 billion.

It also highlights a doubling since December 2023, when shares sold at a US$175 billion valuation.

SpaceX typically holds such tender offers twice annually, enabling employees to sell shares to selected investors.

Recent SpaceX developments

Timeline
17-Nov-2024 🚀 SpaceX’s planned tender offer values the company at $250b
  • SpaceX to sell shares for $135 each this December.
  • Company valuation projected over $250 billion.
05-Nov-2024 🌏 SpaceX urges suppliers to exit Taiwan amid China tensions
  • SpaceX urges suppliers to leave Taiwan.
  • Manufacturing shifts to countries like Vietnam.
27-Sep-2024 🚀 SpaceX proposes $1.5b Starlink investment in VN
  • SpaceX plans $1.5B investment in Vietnam
  • Vietnam considers investment to boost Starlink rollout
20-May-2024 🌐 SpaceX’s Starlink begins service in Indonesia, starting with health centers
  • Starlink launched for Indonesia’s medical sector
  • Service aims to improve internet in remote areas
03-Jan-2024 🚀 SpaceX faces 2024 space race with China, India, Japan
  • SpaceX faces rising competition in 2024
  • China and India ramp up space activities and missions

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