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SpaceX tender offer values company at about $150 billion - Bloomberg News

By Liam Hoffmann
Published in SpaceX
June 24, 2023
1 min read
SpaceX tender offer values company at about $150 billion - Bloomberg News

Man, have you heard about SpaceX? They just got valued at around $150 billion! This article from Bloomberg News breaks it down pretty well.

So basically, SpaceX held a tender offer for their employees, where they could sell their stock options back to the company at a certain price. And based on that price, experts calculated that the company’s overall value is around $150 billion.

It’s wild to think about how far SpaceX has come. I remember when they first started launching their rockets, and now they’re worth more than most of the major airlines put together. It just goes to show how much innovation and disruption can pay off.

But the article also touches on some potential downsides to this huge valuation. Namely, that it puts a lot of pressure on SpaceX to keep delivering, both in terms of their rockets and their business strategy. Plus, with that much money on the line, there’s always the risk of things getting too focused on profits rather than their original mission.

Overall though, I think it’s awesome that a company like SpaceX is getting so much recognition and support. They’re pushing boundaries and inspiring the next generation of space explorers. And hey, if they ever need a writer for their next mission patch, I’m available.


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Liam Hoffmann

Liam Hoffmann

Writer & Tech Enthusiast

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