Elon Musk's SpaceX Eyes $150-B Valuation

Elon Musk’s SpaceX seeks to increase its valuation to $150 billion, The Wall Street Journal reported, citing people familiar with the issue, Claudia Assis reported for Marketwatch.

Photo Insert: Privately held SpaceX occasionally gives former and current employees a window to sell stock they have received as part of their compensation.

The plan is to launch a new sale of employee shares at $81 apiece, the report said. That would come after a December sale that valued the aerospace company’s shares at $77, and at the time valued the company at about $140 billion.

Privately held SpaceX occasionally gives former and current employees a window to sell stock they have received as part of their compensation, Bloomberg earlier reported on the latest employee share sale.

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