SpaceX's Upcoming Tender Offer
(Reuters) – Elon Musk's SpaceX is set to launch a tender offer in December to sell existing shares at $135 per share, as reported by the Financial Times.
This tender offer would value SpaceX at over $250 billion.
SpaceX has not responded to a request for comment from Reuters.
Musk, the world's richest person, is anticipated to have significant influence in Washington to secure favorable government treatment for his companies following Donald Trump's re-election.
Musk's aspiration to transport humans to Mars may gain greater priority with Trump in office. Earlier reports suggested that NASA's Artemis program aims to utilize SpaceX's Starship for lunar missions, serving as a testing ground for future Mars expeditions, with a focus on Mars later this decade. Uncrewed missions to Mars are also expected.
Additionally, a softer regulatory environment regarding worker safety and private space flight safety may be pursued under Trump, despite a previous Reuters investigation revealing at least 600 worker injuries at SpaceX and concerns over safety regulations compliance.
Comments (0)