Billionaire Elon Musk's SpaceX company is considering a new funding round by allowing employees to sell shares within the company, which could raise the company's valuation to $150 billion, according to the Wall Street Journal.
The sale of the shares is set to set its price at $80 or $81, with the company hoping to raise $750 million from the sale.
SpaceX became the largest emerging company in terms of value in America, after it raised two funding rounds in May and December, which valued the company for $ 125 billion and $ 140 billion, respectively.
Throughout its history, the company has obtained funding rounds as well as selling employee stock several times, both in order to raise funds and as a form of employee compensation.
The company, which was founded in 2002, has grown in value over the past few years, with the number of satellites and rockets it has launched into space increasing.
The company also cooperated with NASA and other companies and developed the Starlink satellite to provide lunar Internet service.
SpaceX hit the headlines earlier this year after its Starlink rocket exploded shortly after launch.
