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Business & Economics

SpaceX valued at $350bn as company agrees to buy shares from employees

Guardian
Summary
Nutrition label

79% Informative

SpaceX and its backers are buying the stock at $ 185 a share, up from $ 112 a few months ago .

Investors include Baillie Gifford and Sequoia Capital .

Figure represents a near doubling of its reported value a year ago , when another employee share sale valued the business at $ 180bn .

VR Score

79

Informative language

77

Neutral language

63

Article tone

formal

Language

English

Language complexity

50

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

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