Elon Musk’s SpaceX raises over $337 mln in fresh funding

Billionaire Elon Musk’s SpaceX has raised $337.4 million in equity financing, the rocket company disclosed in a regulatory filing on Wednesday. SpaceX, which counts Alphabet Inc and Fidelity Investments among its investors, hit $100 billion in valuation following a secondary share sale in October, according to CNBC. It had raised about $1.16 billion in equity financing in April. SpaceX did not immediately respond to Reuters … Continue reading Elon Musk’s SpaceX raises over $337 mln in fresh funding