SpaceX, led by Elon Musk, is contacting investors about a new tender offer

 SpaceX, led by Elon Musk, is contacting investors about a new tender offer

SpaceX, led by Elon Musk, is contacting investors about a new tender offer

SpaceX is among the most valuable private corporations in the world with a current worth of over $150 billion.

According to a post on X by a writer for Bloomberg News, Elon Musk's SpaceX has contacted investors with a second tender offer that may put the company's valuation at above $175 billion.

According to the article, because the tender has not yet been concluded, its value might rise even more, increasing the firm's worth.

SpaceX is among the most valuable private corporations in the world with a current worth of over $150 billion.

Billionaire investor Ron Baron predicted last month that SpaceX will be valued around $500 billion by 2030. According to CNBC, Baron owns more than $1 billion worth of shares in the rocket business.

A request for comment from Reuters was not immediately answered by SpaceX.

In November, Musk said that Starlink, SpaceX's satellite internet division, had reached cash flow balance. Approximately 5,000 low-Earth orbit satellites are part of the network operated by Starlink, the biggest satellite corporation in the world.