02:37 PM EDT, 07/08/2025 (MT Newswires) -- Tesla (TSLA) Chief Executive Elon Musk's rocket- and satellite-making company SpaceX is discussing plans to raise money and sell insider shares in a deal that would value it around $400 billion, Bloomberg reported Tuesday, citing people familiar with the matter.

SpaceX did not immediately reply to a request for comment from MT Newswires.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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