SpaceX CEO Elon Musk on Thursday said that the rocket manufacturing company has no need for additional capital and will instead buy back shares. What Happened: Musk was responding to media reports that the company has initiated discussions on selling existing shares at a price that values the privately held company at about $200 billion. Bloomberg on Thursday said that the company is considering offering shares at $108 to $110 for the tender offer that may start in June. “SpaceX has no need for additional capital and will actually be buying back shares,” Musk wrote in response. “We do liquidit…
