SpaceX is preparing to become the most valuable private startup in the world – the company’s price could soar to $350 billion

SpaceX intends to conduct a new round of investments. The company is negotiating the sale of its shares to potential investors, based on the aerospace company’s valuation of $350 billion. This was reported by the Bloomberg news agency, citing its own informed sources.

Image Source: Anirudh/Unsplash

Bloomberg News and other media outlets previously wrote that Elon Musk-owned SpaceX plans to conduct a tender offering of shares based on the company’s market value of $255 billion. Increasing the company’s value to $350 billion is a significant increase, which will make SpaceX the most expensive private startup in the world . The aerospace company was last valued at $210 billion in a stock sale earlier this year. SpaceX officials have so far refrained from commenting on this issue.

It is worth noting that the terms of the sale of shares may change as negotiations with investors are still ongoing. The final price of the company’s securities will depend on the interest from potential buyers. The potential jump in SpaceX’s market value underscores the enormous gains Musk’s empire has made since last month’s US presidential election. According to Bloomberg Billionaires, shares of the billionaire’s Tesla have risen in price by 42% since November 5, while Musk’s personal fortune has increased to $353 billion.

admin

Share
Published by
admin

Recent Posts

Vivo X200 Ultra flagship smartphone to get removable lenses from Zeiss

Smartphone manufacturers are exploring various, including radical, ways to improve the quality of shooting -…

4 hours ago

“Sorry, but it’s not true”: Insider denies rumors about Titanfall 3 release in 2026

The story about the sci-fi shooter Titanfall 3, which is in development at Respawn Entertainment,…

4 hours ago

Elon Musk’s Massive Layoffs of Officials Hurt Autopilot Implementation in the US

Back in February, it became known that the punishing hand of Elon Musk, in his…

4 hours ago

Amazon’s First Batch of Kuiper Internet Satellites Launch Fails

The launch of a United Launch Alliance Atlas V rocket carrying 27 Amazon Project Kuiper…

4 hours ago

SSD with a ‘tail’: Kioxia unveils ‘optical’ SSDs for next-generation data centers

Kioxia, AIO Core, and Kyocera have announced the development of a PCIe 5.0-compatible optical SSD…

4 hours ago

Microsoft to thin out mid-level managers, non-programmers and ineffective workers

Microsoft is considering another round of layoffs in May, Business Insider has learned. The company's…

4 hours ago