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SpaceX raises USD 850 mln in latest funding round - report

Wednesday 17 February 2021 | 09:12 CET | News
SpaceX raised USD 850 million during its last funding round, bringing its valuation to about USD 74 billion, CNBC reported citing sources. The valuation is a leap from August, when the company raised USD 1.9 billion at a valuation of USD 46 billion, but lower than reports talked about in December. The company raised the new funds at USD 419.99 per share. Company insiders and existing investors were able to sell an additional USD 750 million in a secondary transaction. Sources said demand was extremely high during the latest round, and that the company received about USD 6 billion in offers

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Categories: Broadcast & Satellite
Companies: SpaceX / Starlink
Countries: World
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