INSUBCONTINENT EXCLUSIVE:
SpaceX, led by Elon Musk, is considering an internal sale of shares, a move that could value the company at over $175 billion.The plan
involves a public offering ranging from $500 million to $750 million.These figures come from sources who wish to remain anonymous due to the
sensitive nature of the information.The company is considering setting the share price at about $95
data, it would be comparable to major firms like T-Mobile USA Inc., Nike Inc., and China Mobile.SpaceX, also known as Space Exploration
Technologies Corp., has not yet responded to these reports.The company, headquartered in Hawthorne, California, dominates the commercial
space launch service market.It operates Falcon rockets, launching payloads for various clients, including private sectors, NASA, and other
government entities.SpaceX also runs the Starlink internet service, based on a growing network of satellites in low-Earth orbit.Bloomberg
to increase to about $15 billion.Additionally, SpaceX is considering an initial public offering for Starlink by the end of 2024
This plan aims to leverage the booming demand for space-based communication services.
