Elon Musk’s SpaceX Now Valued at $125 Billion – Report
2022.05.17 13:32
Elon Musk’s SpaceX Now Valued at $125 Billion – Report
SpaceX employees are looking to sell shares through a private placement that would value the spacecraft engineering company at roughly $125 billion, according to Bloomberg.
Employees are offering the shares in a tender at $70 apiece, the report said, compared to a split-adjusted sale in October that valued the company at approximately $100 billion, or $56 per share.
It remains unknown whether Musk is offloading shares as a part of the employee tender.
The billionaire has been striving to secure funds from various investors to finance his acquisition of Twitter (NYSE:TWTR). However, Musk suggested that he could buy the social media platform at a lower price if the company fails to back its claims that the number of spambot accounts represents just 5% of its total users.
By Senad Karaahmetovic
