SpaceX Soars: $200 Billion Valuation in Talks

  • Elon Musk's SpaceX is reportedly in discussions to sell existing shares in a deal valuing the company at a massive $200 billion.
  • This valuation would be a significant jump from SpaceX's previous $180 billion mark and propel it into the ranks of the world's largest companies.
  • The share price could land between $108 and $110 each.
  • Interestingly, Elon Musk himself has stated SpaceX doesn't need additional capital and might even buy back shares.
  • This news comes amidst continued success for SpaceX in the commercial space industry.

Comments

Popular posts from this blog

Sky High Surge: IndiGo Soars as India’s Air Passenger Traffic Climbs 8.4% in April

IndiGo Set to Make History: First to Soar from Navi Mumbai Airport with 18 Daily Flights!

RBI’s Record Dividend Bonanza: Government’s Coffers Swell by Rs 2.69 Lakh Crore for FY 2024-25