Elon Musk's SpaceX raises $1.9 billion in funding
Last updated on: 19 August,2020 08:57 am
This would be the largest single fundraising round to date by SpaceX
(Reuters) - Billionaire Elon Musk s SpaceX has raised $1.9 billion in new funding, according to a regulatory filing on Tuesday.
Bloomberg, which reported about the fund round last week, said the private rocket company will have an equity value of $46 billion after the transaction, citing people familiar with the matter.
This would be the largest single fundraising round to date by SpaceX, according to PitchBook data.