In a recent development, SpaceX, the trailblazing space and satellite company founded by Elon Musk, is reportedly preparing to raise the price of insider shares in an upcoming tender offer. According to sources familiar with the matter, the revised share price is set to be $97 apiece, reflecting an increase from the initially discussed $95 per share.
SpaceX Valuation
The potential tender offer, ranging between $500 million to $750 million, is anticipated to propel SpaceX’s valuation to approximately $180 billion.
Currently valued at around $150 billion, this adjustment could solidify SpaceX’s position as the world’s second-most valuable closely-held startup. While there has been no official response from SpaceX regarding these reported developments, industry experts are closely monitoring the situation for further insights.
In an intriguing twist of events, SpaceX recently announced a delay in the launch of the U.S. military’s X-37B robot spaceplane.
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Initially scheduled for Wednesday, the Falcon Heavy launch of USSF-52 faced setbacks, prompting SpaceX to release a statement on Tuesday via Twitter: “We are standing down from tomorrow’s Falcon Heavy launch of USSF-52 to perform additional system checkouts.”
The delay was attributed to adverse weather conditions at the Cape, underlining the complexities and challenges inherent in space missions. This unexpected turn has sparked interest and speculation within both the space exploration community and financial circles.
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