{"id":90139,"date":"2024-12-12T02:59:16","date_gmt":"2024-12-12T07:59:16","guid":{"rendered":"https:\/\/www.hedgeco.net\/news\/?p=90139"},"modified":"2024-12-12T03:21:19","modified_gmt":"2024-12-12T08:21:19","slug":"spacex-valuation-surges-to-350-billion-as-company-buys-back-stock","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/12\/2024\/spacex-valuation-surges-to-350-billion-as-company-buys-back-stock.html","title":{"rendered":"SpaceX valuation surges to $350 billion as company buys back stock"},"content":{"rendered":"\n<p>(CNBC)The valuation of\u00a0<a href=\"https:\/\/www.cnbc.com\/elon-musk\/\">Elon Musk\u2019s<\/a>\u00a0SpaceX hit $350 billion based on a secondary share sale, CNBC confirmed Wednesday. SpaceX, as well as investors, agreed to buy stock from insiders in a $1.25 billion purchase offer at $185 a share, according to copies of the offer obtained by CNBC. The round does not include raising new capital, as the purchase offer represents a secondary sale of existing shares.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.cnbc.com\/2024\/12\/11\/spacex-valuation-surges-to-350-billion-as-company-buys-back-stock.html\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(CNBC)The valuation of\u00a0Elon Musk\u2019s\u00a0SpaceX hit $350 billion based on a secondary share sale, CNBC confirmed Wednesday. SpaceX, as well as investors, agreed to buy stock from insiders in a $1.25 billion purchase offer at $185 a share, according to copies [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-90139","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/90139","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=90139"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/90139\/revisions"}],"predecessor-version":[{"id":90142,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/90139\/revisions\/90142"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=90139"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=90139"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=90139"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}