News · Dec 2, 2024
Elon Musk's SpaceX could be valued at $350B in sale of insider shares
SpaceX could be valued at ~$350B in a December 2024 sale of insider shares, per New York Post.
Original source: New York PostBy TenderOffer.co Editorial
Summary
Per New York Post reporting, SpaceX is weighing a tender offer that would value the satellite manufacturer at approximately $350 billion.
What was reported
- Reported valuation: ~$350 billion
- Mechanism: tender offer for insider shares
- Implication: would be one of the largest single jumps in private valuation on record
Why it matters
A $350B mark would set a new record for a privately held US company and reflects continued strong demand for SpaceX equity from late-stage investors.
Auto-extracted from public reporting via TenderOffer.co’s editorial pipeline. Read the original at the source link above.
Sources
- Elon Musk's SpaceX could be valued at $350B in sale of insider shares — New York Post (2024-12-03)