Odaily News Odaily Planet Daily News According to the Financial Times, two private companies owned by Musk will achieve a multi-billion dollar valuation jump through new transactions, and investors are competing to support the huge business interests of the world's richest man. People familiar with the matter revealed that SpaceX, the largest private company in the United States, is preparing to launch a takeover offer in December and will sell the company's existing shares at a price of about $135 per share. This will value the rocket maker at more than $250 billion, higher than the approximately $210 billion in a similar transaction earlier this year. At the same time, people familiar with the matter revealed that Musk's artificial intelligence startup xAI has raised $5 billion at a valuation of $45 billion, almost double its valuation a few months ago. Musk and his investors just started discussions last month, so this financing is proceeding at a very fast speed. (Jinshi)