SpaceX, Elon Musk’s renowned space transportation company, has reached a staggering valuation of nearly $150 billion, according to Bloomberg reports. This new valuation is the result of a $750 million tender offer, showcasing SpaceX’s ongoing financial success. Existing shares are being offered at over $80 each, indicating an upward trend in the company’s stock value. Remarkably, this represents an approximately 5% increase from SpaceX’s previous secondary sale price of $77 per share. Yet, it’s critical to note that this represents a secondary sale of shares rather than a new influx of capital. One might speculate: how does this secondary sale … Continue reading Soaring SpaceX, Troubled Twitter: Musk’s Tale of Dual Realities