{"id":38180,"date":"2024-11-15T16:06:47","date_gmt":"2024-11-15T16:06:47","guid":{"rendered":"https:\/\/isafespend.com\/?p=38180"},"modified":"2024-11-15T16:06:48","modified_gmt":"2024-11-15T16:06:48","slug":"musks-spacex-preparing-to-launch-tender-offer-in-dec-at-135-share-sources-say-by-reuters","status":"publish","type":"post","link":"https:\/\/isafespend.com\/?p=38180","title":{"rendered":"Musk’s SpaceX preparing to launch tender offer in Dec at $135\/share, sources say By Reuters"},"content":{"rendered":"
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(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, the Financial Times reported on Friday, citing people with knowledge of the discussions.<\/p>\n

The tender offer would value SpaceX at more than $250 billion, according to the report.<\/p>\n

SpaceX did not immediately respond to a Reuters request for comment.<\/p>\n

Musk, the world’s richest person, is expected to wield significant influence in Washington to secure favorable government treatment for his companies, including SpaceX, after Donald Trump’s victory for a second presidency.<\/p>\n

Musk’s dream of transporting humans to Mars could also become a bigger national priority under Trump, Reuters reported earlier this month.<\/p>\n

NASA’s Artemis program, which aims to use SpaceX’s Starship rocket to put humans on the moon as a proving ground for later Mars missions, is expected to focus more on the Red Planet under Trump and target uncrewed missions there this decade.<\/p>\n<\/p>\n

Under Trump, SpaceX is also expected to push for even softer regulations on worker safety and safety of participants in private space flights in orbit.<\/p>\n

A Reuters investigation last year documented at least 600 worker injuries at SpaceX facilities across the U.S., and how SpaceX disregarded safety regulations and standard practices. <\/p>\n<\/p><\/div>\n<\/div>\n