SpaceX $135 Tender Offer Amid Rising Valuation

SpaceX, led by Elon Musk, is set to initiate a tender offer in December, selling existing shares at $135 each, which values the company at over $250 billion, a significant increase from earlier in the year due to investor demand. The tender offer aligns with Musk's potential influence in Washington following Donald Trump's presidential reelection, which could prioritize Mars exploration in NASA's Artemis program. Despite scrutiny over SpaceX's safety practices, with reports of over 600 worker injuries, the company's dominance in satellite launches and global connectivity continues to grow, demonstrated by its extensive Starlink network. Musk's overall net worth has surged, partly due to his strategic positioning amidst political and market developments.