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24 Nov 2023

SpaceX to Sell Shares in December at $150B Valuation

SpaceX is preparing a tender offer for December, aiming to attract investors at a company valuation of $150B, unchanged since July. This move indicates there may not be an immediate IPO for the Starlink satellite division, which reported a revenue of $1.4B in 2022 but fell short of investor expectations. [Source](https://nypost.com/2023/11/22/business/spacex-plans-to-sell-shares-next-month-at-150b-valuation-sources/)