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.