Summary: SpaceX will sell insider shares at $112 apiece in a tender offer, a higher-than-expected price that boosts the value of Elon Musk’s space and satellite company closer to $210 billion, according to people familiar with the matter.

SpaceX Tender Offer Said to Value Company at Record $210 Billion

Source: Katie Roof, Eric Johnson - 1970-01-01T00:00:00Z

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SpaceX will sell insider shares at $112 apiece in a tender offer, a higher-than-expected price that boosts the value of Elon Musk’s space and satellite company closer to $210 billion, according to people familiar with the matter.

The company was last valued at $180 billion in a transaction in December, Bloomberg News reported.