Elon Musk’s SpaceX raises $850 mln in fresh funding: Report.

Tesla boss Elon Musk’s SpaceX completed an equity funding round of $850 million that sent its valuation to about $74 billion last week, CNBC reported on Tuesday, citing people familiar with the financing.

SpaceX raised the funds at $419.99 a share, CNBC reported.

The company did not immediately respond to a Reuters request for comment.

Source- Hindustan Times.

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