Elon Musk's SpaceX raises $850 million in fresh funding - CNBC - Reuters

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By Reuters Staff

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FILE PHOTO: SpaceX founder and chief engineer Elon Musk attends a news conference at the Kennedy Space Center in Cape Canaveral, Florida, U.S. January 19, 2020. REUTERS/Steve Nesius

(Reuters) - 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.

Reporting by Derek Francis in Bengaluru; Editing by Devika Syamnath

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February 17, 2021 at 08:45AM
https://www.reuters.com/article/spacex-funding/elon-musks-spacex-raises-850-mln-in-fresh-funding-cnbc-idUSL4N2KN0A6

Elon Musk's SpaceX raises $850 million in fresh funding - CNBC - Reuters

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