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Elon Musk's SpaceX raises $1.9 billion in funding

This would be the largest single fundraising round to date by SpaceX, according to PitchBook data.

August 18, 2020 / 09:42 PM IST

Billionaire Elon Musk's SpaceX has raised $1.9 billion in new funding, according to a regulatory filing on August 18.

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.
Reuters
first published: Aug 18, 2020 09:42 pm
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