Hyperdrive
Musk’s SpaceX Hits $100 Billion Valuation in Secondary Sale
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Elon Musk’s SpaceX reached a valuation of $100 billion after a sale of its shares on the secondary market, a person with knowledge of the matter said.
The shares were offered at $560 each, the person said, 33% above the $420-a-share price in a February funding round that valued the company at $74 billion.