Welcome to See King Alpha's Wall Street breakfast, where we cover the top news for investors every morning.

Good morning. Today is Thursday, June 27th. I'm Julie Morgan.

SpaceX appears to be worth more than previously thought,

and the company just signed a new contract with NASA.

Baxter is facing a recall and Amazon is looking at a new way to compete.

SpaceX has raised the pricing for its tender offer to $112 per share amid strong investor demand, valuing the company at nearly $210 billion.

The earlier pricing that was discussed for the insider shares would have valued SpaceX at

around $ 200 billion.

The new $210 billion valuation would be a record for a US private company

and would make SpaceX the world's second most valuable startup behind Tik-Toc owner Bight Dance which has a

268 billion dollar valuation. According to the Bloomberg reports citing people

familiar with the matter the terms of the tender offer have not been finalized and its size could

change depending on interest from buyers and insider sellers.

Meanwhile, NASA on Wednesday said it has selected SpaceX for a contract worth up to $843 million to develop

a vehicle that will de-orbit the International Space Station.

SpaceX will develop the U.S. de-orbit vehicle and NASA will take ownership

after development and operated throughout the mission. The U.S. Japan, Canada and the

participating countries of the European Space Agency have committed to operating

the station through 2030, while Russia has committed to continuing station operations

through at least 2028.

Baxter has recalled more than 2,500 units of its Life 2000 portable ventilator systems

over damage to the battery charger dongle. The damage to the

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