SpaceX to hit $150 billion valuation with new tender offer: Report

SpaceX is offering to sell insider shares at a price that would raise the company's valuation to about $150 billion, Bloomberg reported. As per the report, the Elon Musk-led firm is initially pursuing a $750 million tender offer, with shares priced at over $80 apiece. The company reportedly raised $750 million from investors at a $137 billion valuation in January.