Information from Bloomberg indicates that SpaceX will sell privileged shares at US$ 112 (R$ 618.67, in direct conversion) each, in a public offering – in which employees and insiders, such as investors, sell their respective shares.
The amount is higher than expected by experts and will increase the market value of Elon Musk’s company to a record value of US$210 billion (R$1.15 trillion), according to sources informed on the subject.
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Data from Bloomberg itself indicates that the space company’s last market valuation was US$180 million (R$994.28 billion) in December.
Elon Musk’s space company will reach record market value (Image: Sergii Chernov/Shutterstock)
SpaceX reaches record market value
According to the news agency, the second most valuable startup in the world set the price of its current public offering at a value higher than the valuation of US$200 billion (R$1.10 trillion) speculated in May; According to the sources, who requested anonymity because they cannot speak publicly about the topic, the pricing is higher than expected given the significant demand from investors; The value is a record for a private American company. However, it remains below ByteDance, owner of TikTok, which is valued at US$268 billion (R$1.48 trillion); However, SpaceX is already on par with some of the largest publicly traded companies in the world when it comes to market capitalization.
It is worth noting, however, that the terms of the public offering have not yet been finalized, and its size may be modified depending on the interest of sellers and buyers of the shares.
Bloomberg reached out to SpaceX for comment on the matter, but has so far received no response.
SpaceX priced its shares higher than expected (Image: Ground Picture)