SpaceX Is Seeking More Capital From Investors

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SpaceX Is Seeking More Capital From Investors
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Elon Musk’s SpaceX looks to raise $314 million from investors in another fundraising round. That would value the company at about $31 billion.

Elon Musk’s Space Exploration Technologies Corp., or SpaceX, is in the middle of another fundraising round, as it tries to ramp up various rocket and spacecraft projects.

The Hawthorne, Calif.-based company has authorized issuance of $314 million in new Series L shares, according to a regulatory filing obtained by Lagniappe Labs LLC, publisher of the Prime Unicorn Index. That would value the company at about $31 billion.

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