Jun 13, 2022

Elon Musk’s SpaceX pulls another $1.7 billion in funding

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

Space Exploration Technologies Corp., better known as SpaceX, has pulled in another $1.7 billion in equity funding, according to a filing Monday.

Privately held SpaceX, led by Tesla Inc. TSLA,-7.10% Chief Executive Elon Musk, sold about $1.68 billion in new equity in a $1.72 billion offering, according to the Securities and Exchange Commission filing. The first sales occurred late last month, it said.

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