- SpaceX completed a raise of $850 million last week, people familiar with the financing told CNBC, sending the company’s valuation to about $74 billion.
- The company raised the new funds at $419.99 a share, those people said, or just a cent below the $420 price that Elon Musk made infamous in 2018.
- SpaceX’s latest raise also represents a jump of about 60% in the company’s valuation from its previous round in August, when SpaceX raised near $2 billion at a $46 billion valuation.
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