Apr 14, 2021

SpaceX adds to previous equity round, pushing Elon Musk’s last raise total to nearly $1.2 billion

Posted by in categories: Elon Musk, internet, space travel

Elon Musk’s SpaceX added more money to its February equity raise, with the amended total reaching nearly $1.2 billion.

Elon Musk’s SpaceX added more money to its most recent equity raise, according to a securities filing on Wednesday.

SpaceX held a second close of about $314 million, adding to the $850 million that CNBC reported the company raised in February. The amendment brings the round’s new total equity raised to $1.16 billion, which the company raised at a valuation of about $74 billion.

Strong demand for the company’s shares centers around its ambitious Starship and Starlink projects.

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