SpaceX aims to raise US $1.7 billion in funding round

SpaceX is launching a new round of funding, aiming for US $1.725 billion at US $70 per share, bringing the …
SpaceX aims to raise US $1.7 billion in funding round

SpaceX is launching a new round of funding, aiming for US $1.725 billion at US $70 per share, bringing the company’s valuation to US $127 billion, CNBC reported. SpaceX remains a private company even over 20 years after its founding.

SpaceX is holding a secondary sale to company insiders and existing shareholders as well, for up to US $750 million.

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