(Bloomberg) — SpaceX and its investors have agreed to purchase as much as $1.25 billion of insider shares
in a transaction valuing Elon Musk’s rocket and satellite maker at about $350 billion, according to an
internal email seen by Bloomberg.
The per-share price of $185 is up substantially from the
$112 set in a prior valuation less than three months ago, said the memo, which was separately confirmed
by people familiar with the matter.