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SpaceX reportedly raises $850M in new funding



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SpaceX has raised a fresh round of funding, totalling $850 million, per a new report by CNBC, citing sources “familiar” with the matter. The new capital brings the total valuation of the company, which is still privately-held, to around $74 billion according to the report.
This is a massive round, by most standards – but not by SpaceX’s own. The space launch company, which was founded in 2002, has raised a total of over $6 billion to date including this latest injection, with a $2 billion venture round raised last August. That funding was invested at a valuation of $46 billion, meaning the company’s value, …

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