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SpaceX’s valuation continues to rise at a dizzying pace, with the company reportedly in talks to sell internal shares at a price that could reach around $350 billion. Bloomberg reported.
That would represent a massive increase from the $255 billion price it traded for last month, and a doubling since the shares were sold at a $175 billion valuation in December 2023.
SpaceX regularly holds tender offers, usually twice a year, to give employees the opportunity to liquidate some of their shares to a select group of investors. (A sweet deal that’s not without some serious details, as TechCrunch reported earlier this year.)
According to Bloomberg sources familiar with the new offer, talks are ongoing and details, such as the final price, may change. But if the deal goes through, it would make SpaceX the most valuable private venture-backed company in the world.
SpaceX did not respond to TechCrunch’s request for comment.
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