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12.04pm: Elon Musk’s SpaceX bags $350bn valuation
SpaceX has become the world’s most valuable private start-up after reportedly scoring a valuation of US$350 billion on a new employee buyback deal.
A new $1.25 billion deal will see SpaceX and investors repurchase its common shares at $185 each from employees, according to the Financial Times.
SpaceX had purchased shares for…
