Elon Musk's SpaceX to raise US$250m, valuing it at US$36bn - CNBC

By Staff Writer on Feb 24, 2020 6:45AM

Elon Musk's SpaceX to raise US$250m, valuing it at US$36bn - CNBC

Starlink revenue to help fund development of next-generation rocket dubbed Starship.

Elon Musk's SpaceX is looking to raise about US$250 million, taking the private rocket company's valuation to about US$36 billion, CNBC reported on Friday, citing people familiar with the financing. The company plans to raise the amount at a price of US$220 per share and the latest funding round ...

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