Musk's rocket company SpaceX reportedly plans to launch a takeover bid next month at a deal price corresponding to a valuation of about $150 billion, roughly in line with the price specified in the tender offer in July this year。

SpaceX's offer in July this year raised 7.$500 million in cash, trading at more than $80 per share, corresponding to a valuation of $150 billion。Earlier this year, in January, SpaceX raised 7 in a similar deal..$500 million, but the corresponding valuation at the time was $137 billion。

SpaceX's valuation has climbed steadily since May 2022, when it was valued at $125 billion.。

However, sources said SpaceX does not currently plan to raise the transaction price in next month's tender.。He added, "By maintaining a conservative valuation, SpaceX can attract investors without having to shy away from answering troubling questions."。"

For SpaceX, the most important question to avoid is probably the company's revenue and profitability.。

In the first quarter of this year, after two years of losses, SpaceX made a small profit.。First-quarter revenue of $1.5 billion, preliminary profit of about $55 million。As a key project of SpaceX, Starlink satellite department performance is not as expected。

It is understood that Star Chain's revenue soared in 2022, from 2 in 2021..$2.2 billion up to $1.4 billion, still in the red。Despite the surge in revenue, it's still a long way from the company having set a "flag."。In 2015, when SpaceX raised funds from investors, it predicted that Star Chain would generate nearly $12 billion in revenue and achieve an operating profit of about $7 billion by 2022.。At the same time, SpaceX also predicted that Starlink would have 20 million customers by 2022, but in fact this number is only slightly more than 1 million.。

Earlier this month, Musk said on his X platform that Star Chain had achieved a cash flow break-even, but did not disclose more data.。

Star Chain's performance has left investors in doubt。A source with knowledge of the tender said, "Investors are still uncertain about the direction of Star Chain.。Star chains now account for most of SpaceX's value.。

It was previously reported that Musk is discussing the possibility of conducting a separate initial public offering (IPO) of the Star Chain division, which could be implemented as early as the end of 2024.。However, Musk came down to dispel the rumor himself soon after.。On November 15, Musk posted on his X platform that reports that he was considering a Star Chain IPO were "false."。

And the tender offer, which will be launched in December, also seems to confirm Musk's statement that he will not consider a separate IPO for Star Chain.。

In SpaceX, in addition to Starlink, investors are also interested in the progress of the company's new rocket starship (Starship)。

Regarding the Starship, according to public information, the Starship rocket is a new generation of launch rocket designed by SpaceX for travel to the Moon and Mars.。At a height of nearly 120 meters, it is the largest rocket ever built by man.。Its super-heavy booster with a bottom height of about 70 meters is equipped with 33 "Raptor" engines。It is reported that these engines can produce a maximum of more than 7,000 tons of thrust, theoretically a single transport of 250 tons of load and 100 people。To date, SpaceX has spent at least several billion dollars on the Starship project.。

On November 18, the Starship made its second test flight in Texas.。After the first and second levels were successfully separated, SpaceX said it could not receive the second level of data.。Half an hour after the launch, SpaceX announced that the second stage had self-destructed in the air and the rocket failed.。In April of this year, the Starship exploded over the Gulf three minutes after its first flight.。

Musk had previously stated at the beginning of SpaceX that he would allow a million people to migrate to Mars.。Whether it's a star chain or a starship, it's all moving towards that goal.。But for now, while there is progress in both, it is still slightly slower at the current pace, which is an important reason why SpaceX's valuation has not improved significantly.。