SpaceX's Valuation Could Reach $175 Billion in New Tender Offer

The company's high-speed satellite internet service Starlink could go public by the end of 2024, with SpaceX's revenues projected to hit $15 billion.

SpaceX is reportedly discussing a tender offer to sell insider shares at a price that would pin the company's valuation at a minimum of $175 billion.
The tender offer could range between $500 million and $750 million, with stock offered at $95 per share.
The $175 billion valuation would make SpaceX one of the top 75 companies by market capitalization, surpassing giants such as Disney and Comcast.
SpaceX's high-speed satellite internet service Starlink could be spun off from the company and go public by the end of 2024.
SpaceX is on track to book $9 billion in revenue across its rocket launch and Starlink businesses, with sales projected to hit $15 billion in 2024.