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

© Reuters. SpaceX logo and Elon Musk silhouette are seen in this illustration taken, December 19, 2022. REUTERS/Dado Ruvic/Illustration

(Reuters) – 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.

SpaceX did not immediately respond to a Reuters request for comment.

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