Elon Musk's SpaceX and its investors have agreed to spend up to 1.25 billion USD to acquire insider shares, which pushes SpaceX's valuation to about 350 billion USD.
According to reports obtained by Zhiyuan Finance APP, Elon Musk's SpaceX and its investors have agreed to spend up to 1.25 billion USD to acquire insider shares, pushing SpaceX's valuation to about 350 billion USD, making it the most valuable private startup in the world. Among them, SpaceX alone proposed to purchase shares worth up to 0.5 billion USD.
The transaction is conducted at a price of 185 USD per share, a significant increase compared to SpaceX's last offer of 112 USD per share and the approximately 125 USD per share proposed in mid-November. This transaction not only highlights investors' strong interest in SpaceX but also reflects the market's optimistic expectations for Musk and his companies' future development.
It is worth noting that Musk's close relationship with incoming President Donald Trump has brought about the so-called "Trump effect" for his enterprises, further driving the growth of his wealth. According to the Bloomberg Billionaires Index, Musk's personal wealth has ballooned to around 384 billion USD, increasing by 155 billion USD this year.
In addition, Musk's AI startup xAI reached a valuation of 50 billion USD after completing a round of financing last month. Meanwhile, Tesla's stock price has soared nearly 60% since election day, currently boasting a Market Cap of 1.26 trillion USD. These achievements collectively demonstrate Musk's broad layout and significant results across multiple fields.