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    SpaceX valued at $350bn as company agrees to buy shares from employees

    SpaceX valued at 0bn as company agrees to buy shares from employees



    Company and investors to buy up to $1.25bn of stock at $185 a share, up from $112 a few months agoBusiness live – latest updatesElon Musk’s rocket company SpaceX and its investors have agreed to buy shares from its employees, valuing the business at $350bn (£275bn).The US business, in which Musk owns a 42% stake, and its backers are buying the stock at $185 a share, up from $112 a few months ago, according to an internal email seen by Bloomberg. Continue reading…



    Source link : https://www.theguardian.com/science/2024/dec/11/spacex-valued-at-350bn-as-company-agrees-to-buy-shares-from-employees

    Author : Dan Milmo Global technology editor

    Publish date : 2024-12-11 12:02:00

    Copyright for syndicated content belongs to the linked Source.

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