Company and investors to buy up to $1.25bn of stock at $185 a share, up from $112 a few months ago Business live - latest updates Elon Musk's rocket company SpaceX and its investors have agreed to buy shares from its employees, valuing the business at $350bn (£275bn). The US business, in which Musk owns a 42% stake, and its backers are buying the stock at $185 a share, up from $112 a few months ago, according to an internal email seen by Bloomberg.
SpaceX valued at $350bn as company agrees to buy shares from employees
The Guardian - 11 Dec 2024 16:02
Company and investors to buy up to $1.25bn of stock at $185 a share, up from $112 a few months ago Business live - latest updates Elon Musk's rocket company SpaceX and its investors have agreed to buy shares from its employees, valuing the business at $350bn (£275bn). The US business, in which Musk owns a 42% stake, and its backers are buying the stock at $185 a share, up from $112 a few months ago, according to an internal email seen by Bloomberg.
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