Earlier today, Bloomberg reported SpaceX was in talks to raise funding that would value the rocket and satellite firm at over $150 billion, citing unnamed sources familiar with the matter.
The new valuation was said to be higher than the previous $125 billion valuation from earlier this year, claimed sources, which added shares being offered at $85 each.
“Investors may buy new shares in SpaceX at the same time employees sell via a private placement, or tender offer, at the same valuation,” claimed sources.
SpaceX CEO Elon Musk replied to the Bloomberg story on Twitter this afternoon with a simple, “false,” shredding the exclusive story by journalists Gillian Tan, Edward Ludlow, Katie Roof, and Giles Turner.
Back in February of this year, SpaceX saw its private common stock split 10-for-1 for the first time, taking shares down from $560 to $56 per share.
SpaceX yesterday static-fired 14 Raptor engines (out of 33) on its Super Heavy Booster 7 for the first time, slowly heading towards its first orbital flight.
