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Benzinga
Benzinga
Business
Badar Shaikh

Elon Musk's SpaceX Insider Share Sale Could Push Valuation To $400 Billion—Starlink Is The Rocket Fuel

Elon Musk SpaceX United States Starlink Donald Trump
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Elon Musk's commercial space flight company, SpaceX, could potentially sell insider shares in a deal that would push the space exploration giant's valuation to around $400 billion, surpassing Musk's $395 billion net worth.

What Happened: The potential deal would mark the biggest valuation of a privately held company in U.S. history, sources cited by Bloomberg said on Tuesday. It would surpass SpaceX's previous record of $350 billion.

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