According to informed sources, Elon Musk's space and satellite company SpaceX will sell insider stocks in the tender offer at a price of $112 per share, which is higher than expected and will bring the company's valuation close to $210 billion.

Reportedly, the company was valued at $180 billion in December last year.

Due to the huge demand from investors, the second highest valued start-up company in the world has decided to set the current acquisition offer, a trade that allows insiders such as employees and investors to sell stocks, at a level higher than the $200 billion valuation discussed last month.

The new valuation sets a record for a private company in the United States, but is still lower than the $268 billion valuation of ByteDance, the parent company of social video giant TikTok. In terms of market capitalization, SpaceX is on par with some large publicly traded companies in the world.

The specific terms have not yet been finalized, and the scale of the tender offer may vary depending on the interests of internal sellers and buyers.