Elon Musk’s SpaceX reportedly plans to launch a tender offer next month that would sell existing shares at a price of $135 each, valuing the company at more than $250 billion.

(Reuters) -Elon Musk's SpaceX is preparing to launch a tender offer in December to sell existing shares at a price of $135 per share, two sources familiar with the matter said. The tender offer would value SpaceX at more than $250 billion, according to the sources.

SpaceX, under the leadership of Elon Musk, is reportedly preparing to initiate a tender offer next month. What Happened: SpaceX's tender offer will allow the sale of existing shares at $135 each, valuing the company at over $250 billion,

SpaceX, the aerospace company founded by Elon Musk , is preparing to launch a tender offer in December to sell existing shares at $135 each, according Reuters citing to two sources familiar with the matter.

Discover SpaceX’s December tender offer at $135 per share, valuing the company at $250 billion. Read this article to know more!

Elon Musk's SpaceX is preparing to launch a tender offer in December to sell existing shares at a price of $135 per share, the Financial Times reported on Friday, citing people with knowledge of the discussions.

SpaceX is on a trajectory to remain the most dominant player in space launches for years to come as it makes strides with its heavy-duty Starship rocket program.

SpaceX’s Starship rocket will be launched for a sixth test flight next week, the latest experiment by the Elon Musk-owned aerospace firm to create reusable spacecraft after a previous test resulted in a “seminal moment” for the company.