And with a new extension to its most recent funding round, it’s added more global investors to its supporter mix. The new round, which maintained SpaceX’s pre-money valuation at $125 billion — the highest for any U.S. startup — means SpaceX now carries an effective valuation of $127 billion. SpaceX reported the funding extension in an August 5 regulatory filing that confirmed the investment sum and listed five unidentified investors. In June, it reported in a filing that it had raised an initial $1.7 billion at the widely-reported $125 billion valuation independently confirmed by Forbes. One reason SpaceX’s valuation has proven more resilient than other unicorns: high demand, not just for its shares, but for seats on its rockets.

Source: Forbes August 12, 2022 12:13 UTC