According to Odaily Planet Daily, the valuations of Musk's two companies have increased significantly. SpaceX plans to launch a takeover offer in December, selling existing shares at about $135 per share, with a valuation of over $250 billion.
Meanwhile, Musk’s artificial intelligence startup xAI has raised $5 billion at a valuation of $45 billion, nearly double what it was a few months ago, as investors compete to support Musk’s business interests.