Elon Musk’s SpaceX to Raise $250 Million, Valuing It at $36 Billion: Report

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Elon Musk’s SpaceX to Raise $250 Million, Valuing It at $36 Billion: Report

Elon Musk’s SpaceX is looking to raise about $250 million (roughly Rs. 1,797 crores), taking the private rocket company’s valuation to about $36 billion (roughly Rs. 2,58,795 crores), CNBC reported on Friday, citing people familiar with the financing.

The company plans to raise the amount at a price of $220 (roughly Rs. 15,800) per share and the latest funding round is not expected to close until the second week of March, according to the

Elon Musk’s SpaceX to Raise $250 Million, Valuing It at $36 Billion: Report