HomeEconomySpaceX wants to sell shares valuing the space group at $150 billion

SpaceX wants to sell shares valuing the space group at $150 billion

The space group aims to raise about $750 million by offering, in particular to employees, shares valued at about $80 each.

Elon Musk’s space company SpaceX plans to raise funds by issuing shares to inside shareholders at a price that would be worth the company about $150 billion, according to Bloomberg News reports on Friday. The space group aims to raise about $750 million by offering, in particular to employees, shares valued at about $80 each.

Already $750 million raised last January

A $150 billion valuation for the rocket launcher compares with a $137 billion valuation assessed in January, when the group had already raised about $750 million from investors.

The group, created 21 years ago by Elon Musk, also a founder of Tesla, and which is not listed on the stock market, dominates the market for commercial space launches, particularly satellites. SpaceX has also transported astronauts to the International Space Station (ISS) on behalf of NASA.

Author: TT with AFP
Source: BFM TV

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