“SpaceX Considers Selling Insider Shares at $175 Billion Valuation, Higher Than Previous Summer Valuation”
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JUST IN: SpaceX has initiated discussions about selling insider shares at a valuation of $175 billion or more.
The shares are expected to be sold at $95 each.
The $175 billion valuation is a premium to the $150 billion valuation obtained this summer.
If SpaceX went public, it… pic.twitter.com/pBAqAz0vpp
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SpaceX, the aerospace manufacturer and space transportation company founded by Elon Musk, has reportedly begun discussions regarding the sale of insider shares. The company is said to be seeking a valuation of $175 billion or more, according to sources familiar with the matter.
These insider shares are expected to be sold at a price of $95 each, offering potential investors a chance to own a piece of one of the most innovative and successful companies in the space industry. The $175 billion valuation represents a premium to the $150 billion valuation that SpaceX achieved earlier this year.
If SpaceX were to go public, it would be a significant milestone for the company and potentially a game-changer for the space industry as a whole. Going public would enable SpaceX to raise additional capital to fund its ambitious projects, such as the Starship spacecraft and the Starlink satellite constellation.
The Starship spacecraft is designed to transport humans and cargo to destinations like the Moon and Mars, with the ultimate goal of establishing a permanent human presence on other planets. Meanwhile, the Starlink satellite constellation aims to provide global broadband coverage, potentially connecting underserved areas around the world.
SpaceX has already achieved several significant milestones, including the successful launch and landing of reusable Falcon 9 rockets, as well as the historic crewed missions to the International Space Station in partnership with NASA. The company has also made strides in reducing the cost of space travel through its reusable rocket technology.
The potential sale of insider shares at a valuation of $175 billion or more highlights the confidence investors have in SpaceX’s future prospects. The company has been a leader in the private space industry and has attracted significant interest from both private and public sector customers.
While SpaceX has not officially confirmed these discussions, the news has generated excitement among space enthusiasts and investors alike. If the company were to go public at a valuation of $175 billion, it would become one of the most valuable companies in the world.
SpaceX’s success has also contributed to the growing interest in the space industry, with other companies like Blue Origin and Virgin Galactic also making strides in commercial space travel. The potential for increased competition and collaboration in the space sector could lead to further advancements and opportunities for exploration and innovation.
As the discussions regarding the sale of insider shares continue, the future of SpaceX and its role in shaping the space industry remains a topic of great interest and anticipation..
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@KobeissiLetter said JUST IN: SpaceX has initiated discussions about selling insider shares at a valuation of $175 billion or more. The shares are expected to be sold at $95 each. The $175 billion valuation is a premium to the $150 billion valuation obtained this summer. If SpaceX went public, it… twitter.com/i/web/status/1…
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