News Formal

SpaceX tender offer values company at about $150 billion - Bloomberg News

  • 📰 Reuters
  • ⏱ Reading Time:
  • 10 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 97%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

Elon Musk’s SpaceX is offering to sell insider shares at a price that would raise the company’s valuation to about $150 billion, Bloomberg News reported on Friday, citing people familiar with the matter.

In January, the company was valued at $137 billion after raising $750 million in a funding round, according to a report from CNBC.Reporting by Niket Nishant in Bengaluru; Editing by Maju Samuel.

In January, the company was valued at $137 billion after raising $750 million in a funding round, according to a report from CNBC.Reporting by Niket Nishant in Bengaluru; Editing by Maju Samuel
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 2. in CA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Treasury and Fed have drained $150 billion in market liquidity since debt dealThe Treasury Department and the Fed have drained $150 billion in market liquidity since the debt ceiling deal
Source: BusinessInsider - 🏆 729. / 51 Read more »