<ul><li>SpaceX plans to begin a tender offer in December to sell existing shares at around $135 per share, valuing the company at over $250bn.</li><li>xAI, an AI start-up controlled by Elon Musk, has raised $5bn at a valuation of $45bn, almost double its previous valuation of $24bn.</li><li>The xAI funding round was oversubscribed and featured only investors who supported xAI in its previous round.</li><li>The incoming Trump administration is expected to introduce policies favorable to Musk's companies, including reducing regulatory oversight of SpaceX.</li></ul>

SpaceX Prepares Tender Offer At $250bn Valuation

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