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Musk denies report of SpaceX's share sale at $200 bn valuation
short by Mansi Agarwal / on Saturday, 25 May, 2024
SpaceX is planning a tender offer, a transaction that allows employees and other insiders to sell shares, that could value the company at around $200 billion, Bloomberg reported. "SpaceX has no need for additional capital and will actually be buying back shares. We do liquidity rounds for employees and investors every...six months," CEO Elon Musk said denying the report.
read more at Moneycontrol