(Dan Tri) - Billionaire Elon Musk's aerospace company SpaceX plans to open a private stock offering in December at $135 per unit. This offering could value SpaceX at more than $250 billion.
Elon Musk's aerospace company SpaceX will hold an internal stock sale at $135 a share, Reuters reported on November 15, citing a source close to the matter. This would value SpaceX at more than $250 billion.
In June, the company was valued at $210 billion. SpaceX remains the most valuable private company in the US.
This internal stock sale helps SpaceX employees and early shareholders profit from billionaire Musk's relationship with President-elect Donald Trump.
President-elect Donald Trump has nominated billionaire Elon Musk to co-head the newly created Department of Government Efficiency (DOGE).
Experts say appointing Elon Musk to head an agency tasked with improving the US government would give even more influence to the world's richest billionaire.
SpaceX could be valued at more than $250 billion (Photo: BI).
Shares of Tesla, Elon Musk’s only publicly traded company, have risen 26% since the US presidential election, boosting Tesla’s market capitalization to $200 billion.
Billionaire Elon Musk may use his influence in Washington to help his companies get government incentives. He actively supported Mr. Trump during the recent election campaign.
According to CNBC , the close relationship between President Donald Trump and Elon Musk has helped some space stocks increase sharply. Experts predict that this industry will continue to grow strongly in the future.
Therefore, this internal stock sale will help SpaceX employees and early shareholders profit from the "Trump - Elon deal".
Elon Musk and SpaceX's dream of sending humans to Mars could also become a more important national priority under President-elect Trump, Reuters reported earlier this month.
NASA's Artemis program aims to use SpaceX's Starship rocket to send humans to the Moon, as a stepping stone to future campaigns to Mars.
In addition, SpaceX plans to push for reduced safety regulations for workers and passengers participating in private orbital spaceflight.
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