SpaceX led by Elon Musk is causing ripples into the industry today as talks come alive with them considering a tender offer that could boost the valuation to as high as $350 billion from previously worths at $210 billion. The tender offer is facilitated by SpaceX itself with negotiating to sell insider shares.

That means the tender offer would open a way for current shareholders which may include employees and early investors to sell their shares to new investors or existing investors while SpaceX remain to be a privately controlled company.

The new or existing investors could be those private equity firms, institutional investors or individuals interested in owning a stake in a private company such as the SpaceX.

The new valuation reflects investor confidence in SpaceX's projects such as Starship spacecraft which is hoped to change how people travel through space and Starlink satellite internet which is hoped to provide internet to all parts of the world.

The tender offer demonstrates the increasing awareness of what these projects could represent, and as SpaceX keeps on charging forward its extraordinary increasing value proposition promise.

This article first appeared on GuruFocus.