HomeMarket NewsSpaceX Rockets Toward $175 Billion Valuation in Share Sale Talks

SpaceX Rockets Toward $175 Billion Valuation in Share Sale Talks

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SpaceX And T-Mobile Hold Joint Event In Texas

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Hold onto your helmets Space-fans, because SpaceX (SPACE) is firing up the engines with plans to sell insider shares that could skyrocket the space company’s value to a jaw-dropping $175 billion or more – that’s more than the GDP of some countries!

The word on the launch pad is that SpaceX is hashing out a tender offer ranging between $500 million and $750 million, according to a recent Bloomberg report. Those in the know suggest that the shares might go for around $95 a pop. Strap in, because things are about to get really out-of-this-world!

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