A sale of insider shares at $421 a share would make Mr. Musk’s rocket company the most valuable private company in the world, as it readies for a possible initial public offering next year.
Called Project Prometheus, the company is focusing on artificial intelligence for the engineering and manufacturing of computers, automobiles and spacecraft.
Blue Origin, owned by Jeff Bezos, and Lockheed Martin are among the contractors that may compete with Elon Musk’s company in the race back to the lunar surface.
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