Elon Musk Teases potential SpaceX Starlink IPO and Private share sale
The Californian private space launch giant, SpaceX, is currently in talks to sell insider shares, which could potentially hike the company's valuation to a staggering $150 billion, informed sources say. Should these discussions materialize, SpaceX, owned by the tech magnate Elon Musk, will leap to become the most highly valued start-up in the United States. As per these insiders who wished to remain anonymous, the company is reportedly pushing a tender offer worth an estimated $750 million. The shares involved in this transaction are to be traded at over $80 each. To put things into…
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