Musk's SpaceX raises $850 million, now valued at $74 billion
Image Credit: shortpedia
Elon Musk's SpaceX has reportedly raised $850 million in an equity funding round last week. CNBC reports the shares were sold at $419.99 apiece. Citing unsubstantiated sources familiar with the financing, the report added that the company is now valued at around $74 billion. Interestingly, the price per share is just a cent lower than the $420 price that Musk made infamous in 2018.