SpaceX reportedly raises $850M in new funding

SpaceX reportedly raises $850M in new funding

3 years ago
Anonymous $K6XgmDN5_o

https://techcrunch.com/2021/02/17/spacex-reportedly-raises-850m-in-new-funding/

SpaceX has raised a fresh round of funding, totalling $850 million, per a new report by CNBC, citing sources “familiar” with the matter. The new capital brings the total valuation of the company, which is still privately held, to around $74 billion according to the report.

This is a massive round by most standards — but not by SpaceX’s own. The space launch company, which was founded in 2002, has raised over $6 billion to date including this latest injection, with a $2 billion venture round raised last August. That funding was invested at a valuation of $46 billion, meaning the company’s value, at least in the eyes of private investors, leapt considerably in the six months separating the two raises.