SpaceX Plans Tender Offer Valuing Company at Over $250 Billion
Elon Musk's SpaceX is reportedly set to sell shares in December at $135 each, amid potential regulatory shifts under Trump's presidency.
- SpaceX is preparing a tender offer to sell existing shares at $135 per share, potentially valuing the company at more than $250 billion.
- This valuation marks an increase from earlier this year, when the company was estimated at $210 billion.
- Elon Musk's influence in Washington could grow following Donald Trump's presidential reelection, potentially benefiting SpaceX.
- The NASA Artemis program, which involves SpaceX's Starship for lunar missions, is expected to focus more on Mars exploration under Trump.
- A past investigation revealed significant safety concerns at SpaceX, with over 600 worker injuries reported, raising questions about future regulatory changes.