Breaking: Elon Musk’s SpaceX to Raise $250M – Report

Investing.com – SpaceX, the private space exploration and tourism company founded by Tesla (NASDAQ:) CEO Elon Musk, is looking to raise $250 million in its next round of funding, according to a published report Friday.

• The company wants to raise about $250 million at $220 per share, CNBC reported, citing people familiar with the matter.
• The new funding would value the company at about $36 billion, up from $33.3 billion.
• The round won’t close until the second week of March, CNBC said.

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