According to a report from Bloomberg, SpaceX has begun discussions on selling insider shares to raise somewhere between $500 and 700 million. Current pricing offers value SpaceX at $175 billion. In the past, founder Elon Musk has commented on keeping the company private, but what has changed?
Yahoo Finance Reporter Pras Subramanian joins the Live show to break down how SpaceX’s purported value compares with that of other aerospace companies and what a path forward for a SpaceX IPO could look like.
For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
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