Billionaire Elon Musk’s SpaceX is looking for new capital worth about $ 44 billion, Bloomberg News reported Thursday, citing people familiar with the issue.
The company is in talks with investors as it raised approximately $ 1 billion at a price of $ 270 a, the report said, adding that the round is unlikely to be completed in the coming months and conditions may change. (https://bloom.bg/32M8h2v) SpaceX did not immediately respond to a request from Reuters for comment.
SpaceX’s Crew Dragon capsule delivered NASA astronauts Bob Behnken and Doug Hurley to the International Space Station in May and marked the first US space capsule to do so with a crew since 2011. The private rocket company also raised $ 346.2 million in May. at a valuation of about $ 36 billion.
Musk is also the CEO of electric vehicle manufacturer Tesla Inc. Tesla posted four consecutive quarters earnings on Wednesday, a condition of eligibility for the stock index of the largest U.S. companies.