Elon Musk’s SpaceX Raises $850 million in Private Funding

SpaceX, the space exploration and satellite company owned by Elon Musk, raised $850 million in private equity funding this week, boosting the company’s valuation by more than half, CNBC reports. This brings SpaceX’s valuation to $74 billion, a 60% increase from its valuation after its lasting funding round in August. CNBC sources familiar with the […]