Source: Cailian News Author: Zhou Zi Yi

According to insiders, SpaceX will sell some internal shares at a tender offer price of $112 per share, which is higher than expected, raising the company's valuation to nearly $210 billion.

Elon Musk's space and satellite company, valued at $180 billion last December, considered selling its stock at $108-$110 per share last month, which would have valued the company at around $200 billion.

Due to strong demand from investors, SpaceX has now raised the offer price for internal stock purchases to over the $200 billion valuation discussed last month.

This new valuation sets a record for private companies in the United States, and places it on par with some of the world's largest publicly traded companies. However, SpaceX still ranks second among private companies worldwide, while the social video giant ByteDance has a valuation of $268 billion, ranking first.

Specific terms have not yet been finalized, and the size of future tender offers may vary depending on the interest of internal buyers and sellers.

It is worth mentioning that SpaceX has achieved unprecedented success in recent years, and Musk's commercial space journey is getting wider and wider.

On Wednesday, June 26th, SpaceX was awarded a major contract by NASA to develop the "American Offramp" spacecraft, aimed at taking the soon-to-be-retired International Space Station (ISS) out of orbit and back to Earth. The contract is worth $843 million, reflecting SpaceX's leading position in the aerospace field.

In recent years, SpaceX has achieved unprecedented success, and Musk's commercial space journey is getting wider and wider. On Wednesday, June 26th, SpaceX was awarded a major contract by NASA to develop the "American Offramp" spacecraft, aimed at taking the soon-to-be-retired International Space Station (ISS) out of orbit and back to Earth. The contract is worth $843 million, reflecting SpaceX's leading position in the aerospace field.

Editor/Lambor