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.

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, according to the report. SpaceX did not immediately respond to a Reuters request for comment. Musk, the world's richest person, is expected to wield significant influence in Washington to secure favorable government treatment for his companies,