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Elon Musks SpaceX raises $850 mln in fresh funding: Report

SpaceX raised the funds at $419.99 a share, CNBC reported.

Reuters

PUBLISHED ON FEB 17, 2021 07:27 AM IST

Tesla boss Elon Musk’s SpaceX accomplished an fairness funding spherical of $850 million that despatched its valuation to about $74 billion final week, CNBC reported on Tuesday, citing individuals acquainted with the financing.

SpaceX raised the funds at $419.99 a share, CNBC reported.

The corporate didn’t instantly reply to a Reuters request for remark.

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