According to reports, Tesla's subsidiary SpaceX is planning to sell stocks to internal personnel, which has increased the company's valuation to $175 billion.
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SpaceX, a subsidiary of Tesla, plans to sell shares to insiders, raising the company's valuation to $175 billion. The company is considering selling shares at a price of about $95 per share, surpassing the valuation of $150 billion earlier this summer. SpaceX dominates the commercial space launch services market, providing payload transportation through its Falcon rockets and Space Internet Starlink services. It is estimated that SpaceX's rocket launch and Starlink business revenue will reach approximately $9 billion by 2024. In addition, the company is also discussing plans to conduct its initial public offering (IPO) later in 2024.
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