Business

Elon Musk’s SpaceX raises $850 mln in fresh funding: Report

By IndSamachar

Posted on 17/02/2021

Tesla boss Elon Musk’s SpaceX completed an equity funding round of $850 million that sent its valuation to about $74 billion last week, CNBC reported on Tuesday, citing people familiar with the financing.

SpaceX raised the funds at $419.99 a share, CNBC reported.

The company did not immediately respond to a Reuters request for comment.

By Reuters

IndSamachar

Elon Musk’s SpaceX raises $850 mln in fresh funding: Report

Popular News

Defence Minister Rajnath Singh commissions indigenous stealth frigate INS Mahendragiri; Says, India building a strong, self-reliant and future-ready defence force

PM Modi receives rousing welcome upon his arrival in Auckland: First Indian PM to visit New Zealand in four decades

PMFME scheme sanctions loans to over two lakh micro food processing enterprises, says Union Minister Chirag Paswan

Union Minister Shivraj Singh Chouhan emphasises planting trees is extremely important for protecting environment

HM Amit Shah urges youth to connect with libraries at Jayaprakash Narayan Public Library inauguration

Union Minister Nitin Gadkari & Maharashtra CM to jointly lay foundation stones for 3 National Highway projects in Pune

PM Modi returns to New Delhi after concluding several agreements during his visit to Indonesia, Australia and New Zealand

India continues to emerge as preferred destination for Global Capability Centres, says FM Nirmala Sitharaman

BRICS ministerial Declaration 2026 adopted to strengthen technological and innovation-driven cooperation in transport sector

India & New Zealand elevate ties to strategic partnership; Set to double bilateral trade to Rs 35,000 crore by 2030

Twitter News Feed