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Spacex is now one of world's most valuable privately held companies

The rocket maker founded by billionaire Elon Musk, has raised up to $350 million

Katie Benner & Kenneth Chang | NYT 

SpaceX, the rocket maker founded by billionaire Elon Musk, has raised up to $350 million in new financing and is now valued at around $21 billion, making it one of the most valuable privately held companies in the world. SpaceX’s new financing was disclosed in public filings that were obtained by Equidate, a marketplace for private company stock. SpaceX declined to comment. With the latest funding round, SpaceX joins an elite club of seven venture-backed companies valued at $20 billion or more around the world, according to research firm CB Insights. Investors have ...

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First Published: Fri, July 28 2017. 10:54 IST
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