Elon Musk’s SpaceX has approached investors about one other tender offer that might value the corporate at above $175 billion, Bloomberg reported Wednesday.
Tender volume could go up because it is just not finalized that might value the firm even higher, the report added.
SpaceX’s current valuation of about $150 billion makes it one among the most respected private firms on the earth.
Billionaire investor Ron Baron, who in keeping with CNBC owns greater than $1 billion price of shares within the rocket company, last month said that SpaceX can be price about $500 billion by 2030.
SpaceX didn’t immediately reply to a Reuters request for comment.
Musk in November had said that Starlink, SpaceX’s satellite web unit, had achieved money flow breakeven. Starlink is the world’s largest satellite company and boasts a network of about 5,000 low-Earth orbit satellites.
