Funding alert: Elon Musk's SpaceX raises $850 million, valuation zooms $74 billion
Tesla boss Elon Musk's Space X raised the funds at $419.99 a share
- Feb 17, 2021,
- Updated Feb 17, 2021 8:50 AM IST
Tesla boss Elon Musk's SpaceX completed an equity funding round of $850 million that sent its valuation to about $74 billion last week, CNBC reported on Tuesday, citing people familiar with the financing.
SpaceX raised the funds at $419.99 a share, CNBC reported here.
The company did not immediately respond to a Reuters request for comment.
Also read: Tesla in India? Not likely anytime soon
Tesla boss Elon Musk's SpaceX completed an equity funding round of $850 million that sent its valuation to about $74 billion last week, CNBC reported on Tuesday, citing people familiar with the financing.
SpaceX raised the funds at $419.99 a share, CNBC reported here.
The company did not immediately respond to a Reuters request for comment.
Also read: Tesla in India? Not likely anytime soon