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Stock impact report

SpaceX to offer insider shares at record-setting valuation [Fortune]

EchoStar Corporation - Common stock (SATS) 
Last echostar corporation - common stock earnings: 2/20 06:00 am Check Earnings Report
US:NASDAQ Investor Relations: ir.echostar.com/investors
Company Research Source: Fortune
Recommended Video One of the people briefed on the deal said that the share price under discussion is higher than $400 apiece, which would value SpaceX at between $750 billion and $800 billion, though the details could change. The company's latest tender offer was discussed by its board of directors on Thursday at SpaceX's Starbase hub in Texas. If confirmed, it would make SpaceX once again the world's most valuable closely held company, vaulting past the previous record of $500 billion that ChatGPT owner OpenAI set in October. Play Video Preliminary scenarios included per-share prices that would have pushed SpaceX's value at roughly $560 billion or higher, the people said. The details of the deal could change before it closes, a third person said. A representative for SpaceX didn't immediately respond to a request for comment. The latest figure would be a substantial increase from the $212 a share set in July , when the company raised money and sold shares at a valuation o Show less Read more
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