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The Deal Room: Aston Martin strikes Lucid EV deal & SpaceX tender offer explained

Market Maker

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The Valuation of SpaceX

Elon Musk's SpaceX has agreed to sell $750 million of shares. The sale is a tender offer, also known as a secondary sale. A company sells existing shares from existing shareholders to new investors for a price determined within a range by the company. And it values the company at $150 billion.

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