SpaceX Raises Fresh Cash at Reported $45 Billion Valuation
SpaceX has raised $2 billion in fresh capital at a valuation of about $45 billion, as the space company backed by Tesla's Elon Musk capitalized on strong investor interest after completing a significant milestone for NASA earlier this summer.
In a regulatory filing, the privately held company said it sold $1.9 billion in new shares in an offering that commenced on Aug. 4, with plans to sell an additional $165 million in equity and preferred stock in the weeks to come.
Image source: SpaceX.
Source Fool.com
