SpaceX raises $850 million in fresh equity funding round, sees valuation jump to $74 billion

According to a report from CNBC which citing sources familiar with the financing, Elon Musk’s SpaceX has completed an equity funding round of $850 million which sent its valuation soaring to nearly $74 billion.

SpaceX raised the funds at $419.99 a share, said the report.

SpaceX did not immediately respond to requests for comments.

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