<ul><li>Elon Musk's SpaceX and its investors have agreed to buy shares from its employees, valuing the business at $350bn.</li><li>The transaction values SpaceX at approximately $350bn, doubling its reported value a year ago.</li><li>SpaceX and its investors will buy up to $1.25bn worth of employees' shares, with the company alone offering to snap up $500m.</li><li>Elon Musk's personal fortune has soared to $384bn, and his other business interests include AI startup xAI and brain implant firm Neuralink.</li></ul>

SpaceX valued at $350bn as company agrees to buy shares from employees

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