List of Flash News about secondary share offering
| Time | Details |
|---|---|
| 18:56 |
SpaceX Weighs $800 Billion Valuation in Secondary Share Offering Talks; Elon Musk Stake Seen at $336B — Crypto Traders Watch DOGE, BTC Volatility
According to @StockMKTNewz, SpaceX is in talks for a secondary share offering valuing the company around $800 billion, implying Elon Musk’s 42% stake would be about $336 billion (source: @StockMKTNewz). According to Bloomberg Billionaires Index as cited by the author, Musk currently leads global wealth rankings, contextualizing the potential net-worth impact from a higher SpaceX mark (source: Bloomberg via @StockMKTNewz). For trading, a secondary sale supplies liquidity for existing holders rather than new capital for the company, which aligns with the definition of secondary offerings (source: U.S. SEC Investor.gov). Historically, Musk-related headlines have driven crypto moves, with BTC jumping after Tesla’s $1.5B purchase and DOGE swinging on Musk commentary, so traders should monitor DOGE and BTC for headline-driven volatility if the valuation is confirmed (sources: Reuters, Feb 8, 2021; Reuters, May 9, 2021). There is no disclosed cross-ownership between Tesla and SpaceX in Tesla’s filings, limiting direct mechanical impact to TSLA fundamentals while sentiment may still influence price action (source: Tesla 2023 Form 10-K). |