Stock

SpaceX in discussions over share sale at $350 bln valuation- Bloomberg

Published

Investing.com– SpaceX is in discussions to sell insider shares at a valuation of roughly $350 billion, Bloomberg reported on Monday, a significant premium from valuations estimated in the prior month. 

Bloomberg and other media reports had valued SpaceX at about $255 billion in November. 

The company is one of the most valuable privately-held firms in the world, and is also by far the most active space firm in terms of rocket launches. 

SpaceX is expected to clinch more lucrative government contracts as founder Elon Musk wields growing influence in Washington under a Donald Trump presidency. 

The firm works closely with NASA and the U.S. Armed Forces. 

This post appeared first on investing.com

In this article:

You May Also Like

Economy

Hamas leader killed in Lebanon was UN employee, agency confirms

A U.N. human rights group confirmed Hamas’ leader in Lebanon, who was recently killed by Israeli strikes, was their employee.  Fateh Sherif was killed...

September 30, 2024

Investing

Astron, Energy Fuels Form Joint Venture for Donald Rare Earths and Mineral Sands Project

Astron (ASX:ATR) and Energy Fuels (TSX:EFR,NYSEAMERICAN:UUUU) have completed the establishment of a joint venture to advance the Australia-based Donald rare earths and mineral sands...

September 27, 2024

Editor's Pick

How voters view Vance and Walz, in detail

Sen. JD Vance (R-Ohio) and Minnesota Gov. Tim Walz (D) will face off Tuesday night at a CBS News vice-presidential debate in New York....

October 1, 2024

Editor's Pick

A GOP operative accused a monastery of voter fraud. Nuns fought back.

Sister Stephanie Schmidt had a hunch about what her fellow nuns would discuss over dinner at their Erie, Pennsylvania, monastery on Wednesday night. The...

October 24, 2024

Disclaimer: balanceandcharge.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

Copyright © 2025 balanceandcharge.com

Exit mobile version