Elon Musk's SpaceX is preparing to launch a tender offer in December to sell existing shares at a price of $135 per share, two sources familiar with the matter said. The tender offer would value SpaceX at more than $250 billion,

Why It Matters: SpaceX’s valuation has seen a significant increase over the past year. In June, the company was reportedly set for a record $210 billion valuation in a tender offer, surpassing its previous $200 billion estimate. This was driven by substantial investor demand.

Elon Musk's SpaceX is preparing to launch a tender offer in December, aiming to sell existing shares at $135 per share, according to sources familiar with the matter. This move would boost the company's valuation to over $250 billion,

Elon Musk's SpaceX is preparing to launch a tender offer in December to sell existing shares at a price of $135 per share, the Financial Times reported on Friday, citing people with knowledge of the discussions.

Elon Musk's SpaceX is set to launch a tender offer this December to float the existing shares at $135 each.As per the source with close knowledge told Reuters that this tender offer would value SpaceX at more than $250 billion.

Elon Musk's SpaceX is preparing to launch a tender offer in December to sell existing shares at a price of $135 per share, the Financial Times reported on Friday, citing people with knowledge of the discussions.

Key Takeaways Elon Musk's SpaceX reportedly plans to sell existing shares through a tender offer next month.The move to sell shares at a price of $135 each could value the company at more than $250 billion.