SpaceX's Valuation Nears $180 Billion Ahead of Insider Stock Sale

The company plans to sell shares at $97 each, up from the previously reported $95, amid a successful year of over 90 rocket launches and expanding Starlink service.

SpaceX is planning to sell insider stock at $97 per share, boosting the company's valuation to near $180 billion.
The tender offer could range between $500 million and $750 million; previous reports had pinned shares at $95 apiece.
As of June, SpaceX was valued at $150 billion, making it the second-most-valuable startup in the world, behind ByteDance.
SpaceX has successfully launched more than 90 Falcon 9 and Falcon Heavy rockets this year, more than any other company.
High-speed satellite internet service Starlink, a SpaceX subsidiary, has become accessible in more than 50 countries, with traffic skyrocketing as a result.