SpaceX is discussing plans to raise money and sell insider shares in a deal that would value Elon Musk’s rocket and satellite maker around $40B, people familiar with the matter said, Bloomberg’s Ed Ludlow reports. The valuation would mark a significant premium to the $350B high mark set during SpaceX’s share buyback in December. It would put the privately held firm on par with the market capitalizations of some of the world’s largest, publicly traded companies, including Home Depot (HD) and Palantir Technologies (PLTR), the author notes.
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