{"id":107795,"date":"2021-02-23T21:39:19","date_gmt":"2021-02-23T21:39:19","guid":{"rendered":"https:\/\/fin2me.com\/?p=107795"},"modified":"2021-02-23T21:39:19","modified_gmt":"2021-02-23T21:39:19","slug":"musks-spacex-raises-850-million-in-equity-financing","status":"publish","type":"post","link":"https:\/\/fin2me.com\/markets\/musks-spacex-raises-850-million-in-equity-financing\/","title":{"rendered":"Musk&#x27;s SpaceX raises $850 million in equity financing"},"content":{"rendered":"<figcaption>FILE PHOTO: SpaceX owner and Tesla CEO Elon Musk speaks at the E3 gaming convention in Los Angeles, California, U.S., June 13, 2019.  REUTERS\/Mike Blake<\/figcaption><p>(Reuters) &#8211; Billionaire Elon Musk\u2019s SpaceX has raised about $850 million in equity financing, the private rocket launch service said in a regulatory filing on Tuesday.<\/p>\n<p>The private space company had raised $1.9 billion in August in its largest single fundraising round, according to financial software and data provider PitchBook.<\/p>\n<p>The latest round reportedly lifted the valuation of the company whose investors include Alphabet Inc and Fidelity Investments to about $74 billion.<\/p>\n<p>Earlier this month, a prototype of SpaceX\u2019s Starship rocket exploded during a landing attempt after a high-altitude test launch.<\/p>\n<p>The SN9 prototype was a test model of the heavy-lift rocket being developed by the company to carry humans and 100 tons of cargo on future missions to the moon and Mars.<\/p>\n<p>Source: <a href=\"https:\/\/www.reuters.com\/article\/us-space-exploration-technologies-financ\/musks-spacex-raises-850-million-in-equity-financing-idUSKBN2AN2AY\" target=\"_blank\" rel=\"noopener noreferrer\">Read Full Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>FILE PHOTO: SpaceX owner and Tesla CEO Elon Musk speaks at the E3 gaming convention in Los Angeles, California, U.S., June 13, 2019. REUTERS\/Mike Blake(Reuters) [&#8230;]<\/p>\n","protected":false},"author":3,"featured_media":107794,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Musk&#x27;s SpaceX raises $850 million in equity financing - Fin2me<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/fin2me.com\/markets\/musks-spacex-raises-850-million-in-equity-financing\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Musk&#x27;s SpaceX raises $850 million in equity financing - Fin2me\" \/>\n<meta property=\"og:description\" content=\"FILE PHOTO: SpaceX owner and Tesla CEO Elon Musk speaks at the E3 gaming convention in Los Angeles, California, U.S., June 13, 2019. 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