SpaceX tender offer values company at about $150 billion – Bloomberg News – One America News Network

(Reuters) – Elon Musk’s SpaceX is offering to sell insider shares at a price that would raise the company’s valuation to about $150 billion, Bloomberg News reported on Friday, citing people familiar with the matter.

In January, the company was valued at $137 billion after raising $750 million in a funding round, according to a report from CNBC.

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SpaceX did not immediately respond to a Reuters request for comment.

(Reporting by Niket Nishant in Bengaluru; Editing by Maju Samuel)