According to three sources familiar with the matter at hand, SpaceX’s valuation could be a minimum of $60 billion as it finalizes a funding round which could close in February.

SpaceX’s latest funding round is expected to price each share between $325 and $350.

Details of the deal are still being ironed out, said sources while adding that it is possible that SpaceX’s valuation could reach as high as $92 billion, up from a $46 billion from a funding round in August.

SpaceX did not immediately respond to requests for comments.