ReutersFeb 24, 2020 10:22:32 IST
Elon Musk's SpaceX is looking to raise about $250 million (192.7 million pounds), taking the private rocket company's valuation to about $36 billion, CNBC reported on Friday, citing people familiar with the financing.
The company plans to raise the amount at a price of $220 per share and the latest funding round is not expected to close until the second week of March, according to the report.
SpaceX did not immediately respond to Reuters request for comment.
SpaceX has been launching Starlink satellites in batches of 60 since May and currently has 240 orbiting Earth. The company aims to make the broadband internet service operational by the end of 2020.
Welcome to Tech2 Innovate, Indias most definitive youth festival celebrating innovation is being held at GMR Grounds, Aerocity Phase 2, on 14th and 15th February 2020. Come and experience an amalgamation of tech, gadgets, automobiles, music, technology, and pop culture along with the whos who of the online world. Book your tickets now.
Read more here:
- Elon Musk | Biography & Facts | Britannica.com [Last Updated On: August 20th, 2018] [Originally Added On: August 20th, 2018]
- Elon Musk Details Excruciating Personal Toll of Tesla ... [Last Updated On: August 20th, 2018] [Originally Added On: August 20th, 2018]
- Elon Musk headbutted a car at a Tesla factory: report ... [Last Updated On: September 6th, 2018] [Originally Added On: September 6th, 2018]
- Elon Musks Ultimatum to Tesla: Fight the S.E.C., or I ... [Last Updated On: October 8th, 2018] [Originally Added On: October 8th, 2018]
- Future Mars Colonists Could Fly Rockets They 3D Printed Right on the Red Planet [Last Updated On: October 29th, 2018] [Originally Added On: October 29th, 2018]
- Elon Musk: First Boring Company Tunnel Will Open December 10 [Last Updated On: October 29th, 2018] [Originally Added On: October 29th, 2018]
- Tesla CEO Elon Musk: The 2018 60 Minutes Interview - CBS News [Last Updated On: December 11th, 2018] [Originally Added On: December 11th, 2018]
- Elon Musk: Tesla interested in buying idled GM plant ... [Last Updated On: December 11th, 2018] [Originally Added On: December 11th, 2018]
- Elon Musk: "I have no respect for the SEC" [Last Updated On: December 11th, 2018] [Originally Added On: December 11th, 2018]
- Elon Musk: Inventors Plans for Outer Space, Cars, Finding ... [Last Updated On: December 11th, 2018] [Originally Added On: December 11th, 2018]
- Elon Musk says Tesla would consider buying idled GM plants [Last Updated On: December 11th, 2018] [Originally Added On: December 11th, 2018]
- Elon Musk kicks off Gigafactory in Shanghai, may dodge Trump ... [Last Updated On: January 12th, 2019] [Originally Added On: January 12th, 2019]
- Elon Musk says SpaceX has assembled shiny Starship test ... [Last Updated On: January 12th, 2019] [Originally Added On: January 12th, 2019]
- Elon Musk released a photo SpaceX's test hopper rocket ... [Last Updated On: January 12th, 2019] [Originally Added On: January 12th, 2019]
- Elon Musk shows off SpaceXs massive Starship test rocket ... [Last Updated On: January 13th, 2019] [Originally Added On: January 13th, 2019]
- CNET Says Tesla CEO Elon Musk Was Disruptor Of The Year [Last Updated On: January 21st, 2019] [Originally Added On: January 21st, 2019]
- Elon Musk blasts SEC, says no one oversees his tweets - CNN [Last Updated On: January 21st, 2019] [Originally Added On: January 21st, 2019]
- Elon Musks Billion-Dollar Crusade to Stop the A.I ... [Last Updated On: February 5th, 2019] [Originally Added On: February 5th, 2019]
- Elon Musk: Tesla vehicles able to drive themselves by end of ... [Last Updated On: February 5th, 2019] [Originally Added On: February 5th, 2019]
- Elon Musk gears up for Model Y crossover as Tesla makes ... [Last Updated On: February 5th, 2019] [Originally Added On: February 5th, 2019]
- Elon Musk: Starship could make migrating from Earth to Mars ... [Last Updated On: February 18th, 2019] [Originally Added On: February 18th, 2019]
- Tesla's biggest problem is not Elon Musk's Twitter - Business ... [Last Updated On: March 3rd, 2019] [Originally Added On: March 3rd, 2019]
- Elon Musk changes Twitter name to 'Elon Tusk' amid SEC ... [Last Updated On: March 3rd, 2019] [Originally Added On: March 3rd, 2019]
- Johnny Depp Claims Amber Heard Cheated on Him With Elon Musk ... [Last Updated On: March 3rd, 2019] [Originally Added On: March 3rd, 2019]
- SEC options to rein in Elon Musk include leaning on Tesla and ... [Last Updated On: March 5th, 2019] [Originally Added On: March 5th, 2019]
- Elon Musk Doesnt Need to Be Tesla CEO, Top Shareholder ... [Last Updated On: March 6th, 2019] [Originally Added On: March 6th, 2019]
- Hive: Elon Musk News, In-Depth Articles, Photos & Videos ... [Last Updated On: June 5th, 2019] [Originally Added On: June 5th, 2019]
- Before Elon Musk reaches Mars, SpaceX may need to survive ... [Last Updated On: June 5th, 2019] [Originally Added On: June 5th, 2019]
- WeWork's CEO drama has one industry insider calling it an 'Elon Musk situation' - Business Insider [Last Updated On: October 1st, 2019] [Originally Added On: October 1st, 2019]
- Elon Musk Just Unveiled Wild Starship Plans For "The Moon, Mars, And Beyond" - ScienceAlert [Last Updated On: October 1st, 2019] [Originally Added On: October 1st, 2019]
- 50 US corporations have CEO-worker pay gaps of more than 1,000 to 1 - Fast Company [Last Updated On: October 1st, 2019] [Originally Added On: October 1st, 2019]
- Watch Elon Musk unveil his latest plan for conquering Mars - Business Insider [Last Updated On: October 1st, 2019] [Originally Added On: October 1st, 2019]
- Elon Musk should send people to Mars on a keto diet to save money, according to a doctor who studies ketosis - INSIDER [Last Updated On: October 30th, 2019] [Originally Added On: October 30th, 2019]
- Elon Musk's hearing over Thai cave diver 'pedo guy' slur to begin amid 'con man' investigation - ABC News [Last Updated On: October 30th, 2019] [Originally Added On: October 30th, 2019]
- Tesla is unveiling a 3rd version of its solar roof this week, Elon Musk says - Business Insider [Last Updated On: October 30th, 2019] [Originally Added On: October 30th, 2019]
- Peter Thiel says Elon Musk is a 'negative role model' because he's too hard to emulate - CNBC [Last Updated On: October 30th, 2019] [Originally Added On: October 30th, 2019]
- To many, the strategy adopted by Elon Musk and Tesla seems chaotic but its actually brilliant - Scroll.in [Last Updated On: November 23rd, 2019] [Originally Added On: November 23rd, 2019]
- Elon Musk Just Tweeted a Response to Ford's New Electric Mustang Announcement, and It's Most Excellent - Inc. [Last Updated On: November 23rd, 2019] [Originally Added On: November 23rd, 2019]
- Elon Musk Says They're Working On Plugging The 4,400-Mile Supercharger Gap Between Europe And Asia - Jalopnik [Last Updated On: November 23rd, 2019] [Originally Added On: November 23rd, 2019]
- It Took Elon Musk Exactly 5 Words to Reveal What He Looks for in Every New Hire (and It's Not a College Degree) - Inc. [Last Updated On: November 23rd, 2019] [Originally Added On: November 23rd, 2019]
- Elon Musk says the Tesla 2020 Roadster 'maybe won't need a key at all' - Business Insider [Last Updated On: November 23rd, 2019] [Originally Added On: November 23rd, 2019]
- Elon Musk Ordered to Stand Trial in Cave Explorers Defamation Case - The New York Times [Last Updated On: November 23rd, 2019] [Originally Added On: November 23rd, 2019]
- Elon Musk Just Retweeted A Ford Announcement And It Was A Classy (And Hugely Strategic) Move - Forbes [Last Updated On: November 23rd, 2019] [Originally Added On: November 23rd, 2019]
- Watch Elon Musk lose it after Tesla Cybertruck Armor Glass ... [Last Updated On: November 23rd, 2019] [Originally Added On: November 23rd, 2019]
- Did Elon Musk approve this? U.S. company sending cannabis and coffee to space aboard a SpaceX mission - The GrowthOp [Last Updated On: December 13th, 2019] [Originally Added On: December 13th, 2019]
- Tesla has announced major overhaul of sales and delivery teams - Business Insider [Last Updated On: December 13th, 2019] [Originally Added On: December 13th, 2019]
- Elon Musk revives his plan to power the United States entirely on solar - Inverse [Last Updated On: December 13th, 2019] [Originally Added On: December 13th, 2019]
- Elon Musk Reveals Best Place To Get 'Great Deals' For Fixing, Upgrading Cars - International Business Times [Last Updated On: December 13th, 2019] [Originally Added On: December 13th, 2019]
- Folks Are Going Wild Over Elon Musk Sitting Next to Ikumi Nakamura at The Game Awards - Comicbook.com [Last Updated On: December 13th, 2019] [Originally Added On: December 13th, 2019]
- Vergecast: Tesla Cybertruck first ride, Elon Musks bad tweets trial, and the departure of Googles founders - The Verge [Last Updated On: December 13th, 2019] [Originally Added On: December 13th, 2019]
- Elon Musk says Twitter is nonsense. Why does he use it to break Tesla news? - Los Angeles Times [Last Updated On: December 13th, 2019] [Originally Added On: December 13th, 2019]
- Was Elon Musk Really in 'Rick and Morty'? - Showbiz Cheat Sheet [Last Updated On: December 18th, 2019] [Originally Added On: December 18th, 2019]
- Elon Musk appeared at The Game Awards to support girlfriend Grimes - Business Insider [Last Updated On: December 18th, 2019] [Originally Added On: December 18th, 2019]
- Peugeot and Fiat Chrysler Tie the Knot - Is Elon Musk Getting Worried Yet? - TheStreet [Last Updated On: December 18th, 2019] [Originally Added On: December 18th, 2019]
- Elon Musk Works For Tesla For Free But Thanks To A Highly Unusual Compensation Plan He Could Earn $100 Billion - Celebrity Net Worth [Last Updated On: December 18th, 2019] [Originally Added On: December 18th, 2019]
- Elon Musk Is Talking About Powering All of America with Solar - Futurism [Last Updated On: December 18th, 2019] [Originally Added On: December 18th, 2019]
- Why Elon Musk's SpaceX Is Launching Cannabis and Coffee to Space in 2020 - Inc. [Last Updated On: December 18th, 2019] [Originally Added On: December 18th, 2019]
- This decade in Elon Musk: SpaceX, Tesla, The Boring Company, and more - The Verge [Last Updated On: December 18th, 2019] [Originally Added On: December 18th, 2019]
- Jason Castriota is taking on the 300 mph record -- and Elon Musk - Los Angeles Times [Last Updated On: December 30th, 2019] [Originally Added On: December 30th, 2019]
- Can you guess what Elon Musk's favorite movie and Netflix series were in 2019? - USA TODAY [Last Updated On: December 30th, 2019] [Originally Added On: December 30th, 2019]
- How Elon Musk Evolved from Nothing to the Most Successful - Interesting Engineering [Last Updated On: December 30th, 2019] [Originally Added On: December 30th, 2019]
- Be wary of Elon Musk despoiling the vault of heaven - The Guardian [Last Updated On: December 30th, 2019] [Originally Added On: December 30th, 2019]
- Elon Musk Dismisses Induced Demand, A Phenomenon First Witnessed In 1866 - Forbes [Last Updated On: December 30th, 2019] [Originally Added On: December 30th, 2019]
- Elon Musk aims for 2020 completion of underground Las Vegas project - Las Vegas Review-Journal [Last Updated On: December 30th, 2019] [Originally Added On: December 30th, 2019]
- Elon Musk's Tesla journey started as an investor - The Times [Last Updated On: January 19th, 2020] [Originally Added On: January 19th, 2020]
- All aboard the Starship! Elon Musk aims to send 10 lakh people to Mars by 2050 - Hindustan Times [Last Updated On: January 19th, 2020] [Originally Added On: January 19th, 2020]
- The pop princess and the billionaire: how Grimes and Elon Musk became the worlds strangest power couple - Telegraph.co.uk [Last Updated On: January 19th, 2020] [Originally Added On: January 19th, 2020]
- Elon Musk Says His Favorite Movie of 2019 Was "Parasite" And The Concept of Irony is Officially Dead - Bleeding Cool News [Last Updated On: January 19th, 2020] [Originally Added On: January 19th, 2020]
- Did The Book Primal Branding Inspire Elon Musk With Tesla? - InsideEVs [Last Updated On: January 19th, 2020] [Originally Added On: January 19th, 2020]
- Elon Musk's Tunnel Company Seeks to Expand Its Reach in Las Vegas - Engineering News-Record [Last Updated On: January 19th, 2020] [Originally Added On: January 19th, 2020]
- Elon Musk keeps getting owned by the PA Treasury's Twitter account - Mashable [Last Updated On: January 19th, 2020] [Originally Added On: January 19th, 2020]
- Elon Musk is nearly halfway done with his Las Vegas loop - The Hill [Last Updated On: January 19th, 2020] [Originally Added On: January 19th, 2020]
- Elon Musk has had the viral song from 'The Witcher' stuck in his head for at least a week - Business Insider [Last Updated On: January 19th, 2020] [Originally Added On: January 19th, 2020]
- Elon Musk keeps traveling to Texas to work on SpaceX's new Starship rocket. A local thinks the CEO now uses a historic home as a crash pad take a... [Last Updated On: January 19th, 2020] [Originally Added On: January 19th, 2020]
- Jack Dorsey asked Elon Musk how he would run Twitterhere's what Musk said - CNBC [Last Updated On: January 19th, 2020] [Originally Added On: January 19th, 2020]
- Elon Musk is still thinking big with SpaceX's Starship Mars-colonizing rocket. Really big. - Space.com [Last Updated On: January 19th, 2020] [Originally Added On: January 19th, 2020]
- Jay Leno And Elon Musk Spotted Driving And Filming Tesla Cybertruck - Grand Tour Nation [Last Updated On: January 29th, 2020] [Originally Added On: January 29th, 2020]
- Shes Taking on Elon Musk on Solar. And Winning. - The New York Times [Last Updated On: January 29th, 2020] [Originally Added On: January 29th, 2020]
- Japanese billionaire Maezawa pulls out of dating show that promised the moon - Eyewitness News [Last Updated On: January 30th, 2020] [Originally Added On: January 30th, 2020]
- Does Tesla make solar glass roof tile in its Buffalo, New York factory? Or in China? - pv magazine USA [Last Updated On: January 30th, 2020] [Originally Added On: January 30th, 2020]