SpaceX is looking to raise around $250 million in new funding according to a new report from CNBC’s Michael Sheetz. The additional cash would bring SpaceX’s total valuation to around $36 billion, according to CNBC’s sources — an increase of more than $2.5 billion versus its most recently reported valuation. The rocket launch company founded and run by Elon Musk is no stranger to raising large sums of money — it added $1.33 billion during 2019 (from three separate rounds).
Similar Stories to Spacex Said To Be Seeking Around $250 Million In Funding, Boosting Valuation To Roughly $36 Billion on Bing News
Darrell Etherington, TechCrunch
Fri, 02/21/2020 - 2:51pm
Topics: cnbc s michael sheetz elon musk crew dragon nasa but spacex starship starship falcon heavy musk cnbc cnbc s spacex spacex s musk falcon starship million funding valuation roughly billion company significant capital reusable total essentially additional process launch technology money fly spacecraft scale contract
BING NEWS:
- Elon Musk’s Artificial Intelligence Startup xAI Reportedly Nears $18 Billion Valuation With Fresh Funding As AI Race Heats Up
The funding would provide Musk’s venture, which is behind the Grok AI chatbot, a welcome boost in its efforts to catch up to AI rivals like OpenAI, Google and Anthropic.
05/8/2024 - 11:03 pm | View Link - More
Welcome to Wopular
Wopular is an
online newspaper rack,
giving you a summary view of the top headlines from the top news sites.
Senh Duong (Founder)
Wopular,
MWB,
RottenTomatoes
MoviesWithButter : Our Sister Site
- "Expendables 4" Starts Shooting This Fall, Says Randy Couture at the Arnold Sports Festival more
- “Expendables 4” Gets Funding Interest from “Ip Man 3” Financier more
- "Ip Man 3" Distributor Suspected of Box Office Fraud, Parent Company Loses $200M in Market Cap more
- Yen Targets "Ip Man 4" for 2018 Release; Discusses Film with Director, Producer more
- "Ip Man 3" Shatters Expectations with $72M Opening [China Box Office] more