Elon Musk's SpaceX raises over $337 million in fresh funding


FILE PHOTO: SpaceX launches its first super heavy-lift Starship SN8 rocket during a test from their facility in Boca Chica,Texas, U.S. December 9, 2020. REUTERS/Gene Blevins/File Photo

(Reuters) - 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.

Get 30% off with our ads free Premium Plan!

Monthly Plan

RM13.90/month
RM9.73 only

Billed as RM9.73 for the 1st month then RM13.90 thereafters.

Annual Plan

RM12.33/month
RM8.63/month

Billed as RM103.60 for the 1st year then RM148 thereafters.

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

   

Next In Tech News

Opinion: Read your messages closely and don’t click those links
Trump’s 'Made in USA' bitcoin is promise impossible to keep
Why Taiwan’s Foxconn, an iPhone supplier, is investing in Texas and Thailand
Elon Musk’s go-to cost-cutter is working for DOGE
US man used fake Instagram profiles to trick kids for nude images, videos
Japan Air resumes ticket sales after overcoming cyberattack
AI is a game changer for students with disabilities. Schools are still learning to harness it
Iran restores access to WhatsApp and Google Play after they were banned amid protests
OpenAI unveils artificial intelligence that can 'reason' through math and science problems
Court orders recall of Signify lighting products over patents, Seoul Semiconductor says

Others Also Read