SpaceX, one of the world's most valuable private companies, just got more valuable - News Summed Up

SpaceX, one of the world's most valuable private companies, just got more valuable


New York (CNN Business) SpaceX is in the midst of a funding round that has already pulled Elon Musk's rocket company past a $30 billion valuation. SpaceX disclosed its latest funding round in a financial filing posted Thursday. That accounts for just over half of the shares it put up for sale last month in a $500 million funding round. The new valuation and funding round were reported earlier by the Wall Street Journal . Sohail Prasad, founder and president of Equidate, told CNN Business that "SpaceX has always historically sold the full amount of their round."


Source: CNN January 04, 2019 00:33 UTC



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