According to sources, SpaceX is likely to sell insider shares in a potential tender offer valuing the rocket company close to £273 billion ($350 billion). This move could make SpaceX the most valuable private startup globally, surpassing major defence and aerospace firms like Lockheed Martin and GE Aerospace. As Bloomberg reported last month, SpaceX's valuation far exceeds previous estimates of £199 billion ($255 billion).
Selling stocks internally at a £273 billion ($350 billion) valuation marks a significant leap, with SpaceX becoming £78 billion ($100 billion) or 40% more valuable in a short span. The Elon Musk-owned company was previously valued at £164 billion ($210 billion) during an earlier tender this year.
