The value of Elon Musk's private space venture increased as the new share price climbed 5% from its previous secondary sale.
As per the agreement, the investors will sell up to $750 million in stock from insiders at $81 a share, CNBC
reported based on a copy of the purchase offer that was sent out by SpaceX CFO Bret Johnsen on Thursday and obtained by the news organization. The new share price is about a 5% increase from its previous secondary sale at $77 each, putting the company at a valuation of around $140 billion, according to CNBC.
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