“Musk’s SpaceX prepares to launch $135-per-share tender offer – ReutersSpaceX is preparing to launch a December $135-per-share tender offer. The company could receive a valuation of more than $250 billion and expects a favorable attitude from the government after a possible Trump victory.”, — write on: unn.ua
Details
According to sources, the tender offer values SpaceX at more than $250 billion.
SpaceX did not immediately respond to Reuters’ request for comment.
Musk, the world’s richest man, is expected to wield significant influence in Washington to secure favorable government treatment for his companies, including SpaceX, after Donald Trump wins a second term, the paper said.
Musk’s dream of sending humans to Mars could also become a bigger national priority under Trump, Reuters reported earlier this month.
NASA’s Artemis program, which aims to use SpaceX’s Starship rocket to send humans to the moon as a testing ground for future missions to Mars, is expected to focus on the Red Planet under Trump and target unmanned missions there this decade.
Under Trump, SpaceX is also expected to push for even more lax regulations on worker safety and the safety of private spaceflight participants in orbit.
A Reuters investigation last year documented at least 600 worker injuries at SpaceX facilities across the U.S., and how SpaceX ignored safety regulations and standard practices.
For reference
Reportedly, a tender offer is an offer that an investor makes to the shareholders of a public company. The offer is to tender or sell their shares at a certain price at a predetermined time.