SpaceX has initiated discussions about selling insider shares at a valuation of $175 billion or more. The shares are expected to be sold at $95 each, representing a premium to the $150 billion valuation obtained in the summer. This valuation would make SpaceX one of the world’s 75 biggest companies by market capitalization, on par with T-Mobile USA Inc., Nike Inc., and China Mobile. The increase in valuation since the summer has sparked discussions about the unique nature of SpaceX's fundraising approach, with comparisons drawn to Boeing and Lockheed. The company's valuation surpasses that of Disney and Comcast, making it one of the most valuable private companies globally.
SpaceX Is Worth $175 Billion. Only Boeing Is Bigger. https://t.co/MxOa0n9jdh
SpaceX +$25bn on the valuation since the summer. Never seen a private raise money this way, just round after round every couple months at higher and higher valuations. Is this a Veblen Good asset? Everyone wants some SpaceX and the access is worth the price? https://t.co/0v5wwHK1EI
Elon initiating discussions about selling insider SpaceX shares at a $175 billion valuation. Of course he is. By reference, Boeing has a $143 billion market cap and $90 billion in revenue. Lockheed is worth $111 billion on $68 billion of sales. As Charlie Munger would say, “No.” https://t.co/gvrKegwndU
It looks like Elon Musk's SpaceX is now worth $175 billion – that's more than Disney or Comcast https://t.co/TOzGSZPvQ2
A $175 billion valuation would make SpaceX one of the world’s 75 biggest companies by market capitalization, on par with T-Mobile USA Inc. ($179 billion), Nike Inc. ($177 billion) and China Mobile ($176 billion), according to data compiled by Bloomberg. https://t.co/QU0oVnXbT8
JUST IN: SpaceX has initiated discussions about selling insider shares at a valuation of $175 billion or more. The shares are expected to be sold at $95 each. The $175 billion valuation is a premium to the $150 billion valuation obtained this summer. If SpaceX went public, it… https://t.co/pBAqAz0vpp