SpaceX in Talks to Raise New Funding, Valuation to Reach $400 Billion
SpaceX, the private aerospace manufacturer and space transportation company founded by Elon Musk, is reportedly in talks to raise fresh capital through the sale of new shares to insiders. According to Bloomberg, this fundraising round would value the company at around $400 billion. As part of its strategy, SpaceX plans to hold a tender offer, allowing employees to sell some of their shares to a select group of investors. This is a common practice for the company,[…]