AsianFin -- SpaceX, the aerospace company founded by Elon Musk, is in discussions to sell insider shares, potentially raising its valuation to approximately $350 billion. This represents a significant increase from the previously anticipated valuation of $255 billion. The move would solidify SpaceX’s position as the most valuable private company in the United States. Sources familiar with the matter stated that negotiations are ongoing, and the details of the potential transaction may still change.
SpaceX Considers Selling Insider Shares as Valuation Could Soar to $350 Billion
Dec 02, 2024, 10:01 p.m. ET
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