SpaceX mulling secondary share sale at $150bn valuation

SpaceX mulling secondary share sale at $150bn valuation

Elon Musk’s rocket and satellite company SpaceX is in talks about an offering of mostly secondary shares that could value the company at up to $150bn, representing a 20% increase in valuation, sources told Reuters. The offering would be aimed at helping employees and...
GTCR Seeks $9.5bn for Newest Main Buyout Fund

GTCR Seeks $9.5bn for Newest Main Buyout Fund

GTCR is setting a higher goal for its latest flagship buyout fund despite a challenging fundraising environment. The Chicago-based firm is targeting $9.5bn for GTCR Fund XIV, which will take control positions in companies across the healthcare, business services,...
Electriq Power to go public in U.S. via $495m SPAC deal

Electriq Power to go public in U.S. via $495m SPAC deal

Solar battery storage company Electriq Power Holdings Inc said on Monday it would go public through a merger with blank-check firm TLG Acquisition One Corp, in a deal valuing the combined company at $495m. The deal, expected to close during the first half of 2023,...