Elon Musk’s SpaceX valued at $800 billion, as it prepares to go public
SpaceX told employees Friday that it would buy insider shares in a deal that would value it at around $800 billion, and said that it was preparing for a potential initial public offering next year. In a letter to employees, Bret Johnsen, SpaceX’s chief financial officer, said the company planned to buy $2.56 billion of shares from stockholders at $421 a share.