{"id":448850,"date":"2022-05-18T13:00:00","date_gmt":"2022-05-18T10:00:00","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/elon-musks-spacex-tender-offer-getting-tepid-demand-sources\/"},"modified":"2022-05-18T13:00:00","modified_gmt":"2022-05-18T10:00:00","slug":"elon-musks-spacex-tender-offer-getting-tepid-demand-sources","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/elon-musks-spacex-tender-offer-getting-tepid-demand-sources\/","title":{"rendered":"#Elon Musk&#8217;s SpaceX tender offer getting &#8216;tepid&#8217; demand: sources"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_84 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a26b77fdf8c5\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #dd3333;color:#dd3333\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #dd3333;color:#dd3333\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a26b77fdf8c5\" checked aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-1'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/buradabiliyorum.com\/en\/elon-musks-spacex-tender-offer-getting-tepid-demand-sources\/#%E2%80%9CElon_Musks_SpaceX_tender_offer_getting_%E2%80%98tepid_demand_sources%E2%80%9D\" >&#8220;Elon Musk&#8217;s SpaceX tender offer getting &#8216;tepid&#8217; demand: sources&#8221;<\/a><\/li><\/ul><\/nav><\/div>\n<h1><span class=\"ez-toc-section\" id=\"%E2%80%9CElon_Musks_SpaceX_tender_offer_getting_%E2%80%98tepid_demand_sources%E2%80%9D\"><\/span>&#8220;Elon Musk&#8217;s SpaceX tender offer getting &#8216;tepid&#8217; demand: sources&#8221;<span class=\"ez-toc-section-end\"><\/span><\/h1>\n<p><img decoding=\"async\" src=\"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/05\/elon-musk-twitter-123.jpg?quality=90&amp;strip=all\" \/><\/p>\n<div>\n<aside class=\"single__inline-module alignleft\">\n<\/aside>\n<p>Elon Musk is finding there is a limit to the amount of money he can raise \u2014 even from his exploration company SpaceX \u2014 after the privately-owned firm launched a funding round this week.<\/p>\n<p>There is \u201cvery tepid demand\u201d in SpaceX\u2019s tender offer for $1.25 billion, a source with direct knowledge of the situation told The Post on Tuesday.<\/p>\n<p>The Post broke the <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">news<\/a> on Monday that SpaceX was launching the tender offer, raising speculation that Musk \u2014 who owned 44 percent of the shares as of August \u2014 was selling some stock to help fund his $44 billion <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/social-mediaa\/\" data-internallinksmanager029f6b8e52c=\"1\" title=\"Social Media\" target=\"_blank\" rel=\"noopener\">Twitter<\/a> deal.<\/p>\n<p>Musk is not believed to have ever sold stock in  SpaceX and it is still not clear that he is participating in this tender offer, a second source close to the situation said.<\/p>\n<p>However, if the offering was oversubscribed, SpaceX might have sold double or <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/trip-and-travel\/\" data-internallinksmanager029f6b8e52c=\"10\" title=\"Trip &amp; Travel\" target=\"_blank\" rel=\"noopener\">trip<\/a>le the initial $1.25 billion it is seeking, the source said.<\/p>\n<p>In August 2020, SpaceX went out raising $1 billion and, after being oversubscribed, upped the amount to $1.9 billion, the source said.<\/p>\n<p>But this tender offer looks like it is not going to be oversubscribed, the sources said. SpaceX still might be able to sell the $1.25 billion in shares that existing stockholders are selling, but likely not much more, sources said.<\/p>\n<p>The company\u2019s $125 billion valuation is 25 percent above its December 2021 valuation and 69 percent more than SpaceX was valued at in February 2021.<\/p>\n<p>\u201cNo one is paying up for anything in this market,\u201d the second source said, with public and private valuations of tech companies collapsing.<\/p>\n<p>Musk, meanwhile, has been trying to raise $2 billion to $4 billion from private equity funds like Apollo Global Management in preferred financing for his Twitter bid. <\/p>\n<p>Part of Musk\u2019s problem could be that many of his investors who typically participate in his fund-raisings committed several billion earlier this month to co-invest with him in Twitter. Now that position does not look great considering that Musk has questioned the social media giant\u2019s financials.<\/p>\n<p>Those loyal Musk investors for the moment might be somewhat t<a href=\"https:\/\/buradabiliyorum.com\/en\/category\/download-scripts-themes-apps\/\" data-internallinksmanager029f6b8e52c=\"9\" title=\"Download Scripts &amp; Themes &amp; Apps\" target=\"_blank\" rel=\"noopener\">app<\/a>ed out, the first source said.\n                        <\/p><\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more News articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/news\/\" target=\"_blank\" rel=\"noopener\">News category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/nypost.com\/2022\/05\/18\/elon-musks-spacex-tender-offer-getting-tepid-demand-sources\/\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;Elon Musk&#8217;s SpaceX tender offer getting &#8216;tepid&#8217; demand: sources&#8221; Elon Musk is finding there is a limit to the amount of money he can raise \u2014 even from his exploration company SpaceX \u2014 after the privately-owned firm launched a funding round this week. There is \u201cvery tepid demand\u201d in SpaceX\u2019s tender offer for $1.25 billion,&#8230;<\/p>\n","protected":false},"author":1,"featured_media":448851,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/05\/elon-musk-twitter-123.jpg?quality=75&strip=all&w=1024","fifu_image_alt":"","footnotes":""},"categories":[70897],"tags":[129343,39394,70678,10401],"class_list":["post-448850","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-5-18-22","tag-elon-musk","tag-spacex","tag-twitter"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/448850","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=448850"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/448850\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/448851"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=448850"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=448850"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=448850"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}