Elon Musk's SpaceX nears $150B valuation

's is targeting a valuation of $150 billion in a secondary sales round of employee-owned shares, underlining the company's success.

SpaceX has reached an agreement to sell a block of insider-held stock to a group of new and existing investors at $81 per share, the reported on Thursday.

That's a 5 percent increase from the company's last tender offer in December at a

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