SpaceX reportedly seeking $175 billion valuation via tender offer

Details: The tender could reportedly range between $500 million and $750 million, with shares at about $95 apiece.

Zoom in: Starlink, the company's satellite internet business, is the primary driver of SpaceX's valuation, investors told the Wall Street Journal earlier this year.

• An eventual spin-off of Starlink is expected, although the timing is the subject of speculation — ranging from late next year to 2027.

By the numbers: SpaceX is headed toward roughly $9 billion in revenue this year, including the Starlink businesses, per Bloomberg.

Go deeper: The high stakes of SpaceX's dominance in space