SpaceX share sale values company at about US$350 billion

SpaceX share sale values company at about US0 billion

SPACEX and its investors have agreed to purchase as much as US$1.25 billion of insider shares in a transaction valuing Elon Musk’s rocket and satellite maker at about US$350 billion, according to an internal e-mail seen by Bloomberg. The per-share price of US$185 is up substantially from the US$112 set in a prior valuation less…

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Stocks to watch: Aims Apac Reit, Keong Hong

Stocks to watch: Aims Apac Reit, Keong Hong

THE following companies saw new developments that may affect the trading of their securities on Wednesday (Dec 11): Aims Apac Reit: The industrial and logistics real estate investment trust (Reit) is divesting its warehouse at 3 Toh Tuck Link for S$24.4 million, representing a 32.5 per cent premium over the property’s valuation as at Mar…

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Perfect Jewelry Gifts for Every Occasion: Holidays, Anniversaries, Birthdays & More – E! Online

Perfect Jewelry Gifts for Every Occasion: Holidays, Anniversaries, Birthdays & More – E! Online

The products featured in this article are from brands available in NBCUniversal Checkout. E! makes a commission on purchases. Special occasions call for a major celebration. They also call for a show-stopping gift. From holiday festivities to birthdays, graduations, anniversaries, and more, fine jewelry is always a perfect gift. That’s because few things can commemorate a…

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Chinese cybersecurity firm sanctioned, employee charged by US

Chinese cybersecurity firm sanctioned, employee charged by US

THE US sanctioned a Chinese company it accused of working for intelligence agencies and charged one of its employees with hacking into the computer systems of thousands of businesses across the globe, including American critical infrastructure firms. The Treasury Department on Tuesday (Dec 10) announced sanctions against Chengdu-based Sichuan Silence Information Technology Company, Limited and…

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Singapore’s new family office framework will give clarity, but may not be enough to attract more super rich

Singapore’s new family office framework will give clarity, but may not be enough to attract more super rich

Higher disclosure requirements may push wealthy families to lighter-touch jurisdictions THE upcoming roll-out of Singapore’s single-family office (SFO) framework will likely provide ultra-wealthy families with greater clarity, and attract those seeking certainty and transparency, market observers said. But the framework may not appeal to wealthy families who want simplicity and the best tax incentives, they…

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