SpaceX Tender Offer Said to Value Company at About $150B

The transcript discusses SpaceX's secondary offering, targeting $750 million with shares priced over $80 each. SpaceX's valuation has been steadily increasing, reaching $137 billion in January and potentially $150 billion by mid-2022. The company is financially healthy with $5 billion in cash reserves. The secondary offering aims to provide liquidity for employees, with the target volume subject to change based on insider selling and buyer demand.

What is the target volume for SpaceX's secondary offering?

• $1 billion

• $500 million

• $750 million

• $1.5 billion

At what price are SpaceX shares being offered in the secondary offering?

• Over $60

• Over $80

• Over $50

• Over $70

What was SpaceX's valuation in January?

• $137 billion

• $147 billion

• $127 billion

• $157 billion

How much cash does SpaceX have on its balance sheet?

• $4 billion

• $3 billion

• $6 billion

• $5 billion

Why is SpaceX conducting a secondary offering?

• To acquire another company

• To pay off debt

• To provide liquidity for employees

• To expand operations