Elon Musk's SpaceX raises over $337 million in fresh funding

Elon Musk's SpaceX raises over $337 million in fresh funding

Elon Musk's SpaceX raises over $337 million in fresh funding

Information about Elon Musk's SpaceX raises over $337 million in fresh funding

Kevin David Scam or Legit


(Reuters) – Billionaire Elon Musk’s SpaceX has raised $337.4 million in equity financing, the rocket company disclosed in a regulatory filing on Wednesday.
SpaceX, which counts Alphabet Inc and Fidelity Investments among its investors, hit $100 billion in valuation following a secondary share sale in October, according to CNBC. It had raised about $1.16 billion in equity financing in April.
SpaceX did not immediately respond to Reuters request for more details on the latest funding round.
The company competes with former Amazon.com Chief Executive Jeff Bezos’s space venture Blue Origin and billionaire Richard Branson’s Virgin Galactic in the burgeoning constellation of commercial rocket ventures.
All three rocket companies have successfully launched civilians into space.

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