American billionaire and inventor Elon Musk is once again stirring the global community with his ambitious ideas. His innovative projects, including journeys to the stars, have created a lot of buzz while becoming a significant breakthrough in the space industry.
This time, the head of aerospace giant SpaceX has initiated discussions about selling existing shares in a deal that could value the company at around $200 billion. If successful, SpaceX employees and insiders will be able to sell shares this June. The price of a potential tender offer has not been determined yet. According to sources familiar with the matter, SpaceX shares could be sold at a price ranging from $108 to $110 per share.
At the same time, experts admit that the size of the tender offer could change depending on interest from insider sellers and buyers. The last tender offer valued SpaceX at approximately $180 billion. Today, the company’s management is eyeing $200 billion.
The aerospace firm holds such liquidity rounds every six months, Musk wrote on his social media platform X, adding that the company "has no need for additional capacity and will actually be buying back shares."
At present, SpaceX's market capitalization is sufficiently large, matching that of the world's top companies.
