SpaceX Targets $150 Billion Valuation - WSJ
SpaceX Targets $150 Billion Valuation - WSJ
SpaceX is seeking to increase its valuation to around $150 billion in a new sale of employee shares.
The Elon Musk -led company is planning to reach that valuation by selling shares at $81 each, according to a person familiar with the effort. In December, SpaceX launched another sale that valued the shares at $77 each, assigning the company a value of roughly $140 billion.
SpaceX, founded by Musk more than two decades ago, is the busiest rocket launcher globally, handling missions for commercial-satellite operators, NASA and other government agencies.
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