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

Reuters2021-02-17

Feb 16 (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

The company did not immediately respond to a Reuters request for comment.

(Reporting by Derek Francis in Bengaluru; Editing by Devika Syamnath)

((derek.francis@thomsonreuters.com; +91-9986311363 and @derekfrancis089 on Twitter;))

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