Elon Musk's SpaceX is planning to sell shares to employees, the New York Post and Bloomberg report.

According to Business Insider, the Telegraph reports, sources told The Post and Bloomberg that SpaceX is planning to sell the shares to employees, at $ 70 per share.

The Post reported that the sale, which would value the company at $ 125 billion, would begin on Tuesday.

Otherwise, since August last year, Musk owned almost 44% of SpaceX, according to a Federal Communications Commission dossier reported by technology blog WCCF Tech.

SpaceX was valued at $ 100 billion in October after the sale of shares, CNBC reported.

Bloomberg reported last week that Musk was seeking financing to replace a $ 12.5 billion loan against his stake in Tesla.

A bank source even told The Post that the Tesla founder is talking to private equity firms to raise between $ 2 billion and $ 4 billion.

Tesla shares have fallen nearly 40% since the beginning of the year, leaving the electric car maker worth $ 750 billion.

Musk announced Friday that the deal with Twitter was "pending" until the company verifies how it rates the percentage of unwanted and fake accounts.

Some analysts think this was a ploy to force Twitter to return to the negotiating table to lower the price.

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Telegraphy

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