SpaceX tender offer to value company at $140 billion: Report

Elon Musk's SpaceX is reportedly offering to sell insider shares at $77 apiece which can raise the valuation of the company to $140 billion. The figure of $140 billion compares with a $127 billion valuation in July, according to data provider PitchBook. Elon Musk's stake in SpaceX was valued at nearly $47 billion, according to the Bloomberg Billionaires Index.