SpaceX is in early discussions to sell insider shares that could boost the value of Elon Musk's rocket and satellite company to around $255 billion. This new valuation would exceed its previous figure of about $210 billion, solidifying its position as the most valuable private U.S. company.
The secondary sale would provide a profitable avenue for those with ties to Musk, as shares in Tesla, another Musk enterprise, surged significantly after the recent elections, reflecting the interconnections between his businesses and political ties.
According to reports, the financial details of the potential transaction with SpaceX might shift based on the level of interest from sellers and buyers, indicating a dynamic approach to valuation adjustments.
Despite the anticipated record valuation for SpaceX as a private American company, it still falls short of ByteDance Ltd.'s valuation, which stands at $268 billion, showcasing the competitive landscape in the tech and private equity space.
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