That would be a premium to the company's previous valuation of about 210-billion. It would also cement SpaceX's status as the most valuable private US company.
SpaceX , formally known as Space Exploration Technologies, declined to comment on the valuation.
The plan, where employees and some early shareholders can sell shares, provides investors in privately held SpaceX a new way to profit off of Musk's deep ties with US President-elect Donald Trump and the windfalls across the billionaire's business empire. Shares in electric vehicle maker Tesla, Musk's only publicly traded company, have jumped 26 since the 5 November election, adding 200-billion to its market capitalisation.
The current conversations with SpaceX are ongoing and the details of a potential transaction could change depending on interest from insider sellers and buyers, cautioned the people, who asked not to be identified because they're not authorised to speak publicly.
SpaceX also operates its internet-from-space Starlink service, anchored by a growing constellation of satellites in low-Earth orbit. Eric Johnson, Katie Roof and Ed Ludlow, c 2024 Bloomberg LP
