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Elon Musk’s SpaceX raises an extra $100 million in financing by offering shares

Elon Musk’s SpaceX raises an extra $100 million in financing by offering shares

Elon Musk-drove SpaceX has raised $100 million by pitching shares, in an expansion to a financing round not long ago that raised up to $350 million, an administrative documenting appeared on Monday.

Elon Musk, organizer, CEO and lead originator at SpaceX. Picture: ReutersElon Musk, author, CEO and lead originator at SpaceX. Picture: Reuters

SpaceX’s subsidizing round in July had esteemed the rocket producer at about $21 billion, as indicated by news reports.

In May, Space Exploration Technologies Corp propelled its initially satellite for the US military with its Falcon 9 rocket, breaking a 10-year restraining infrastructure held by an association of Lockheed Martin and Boeing.

The Hawthorne, California-based organization additionally has likewise sketched out plans for an outing to Mars in 2022, to be trailed by a kept an eye on mission to the red planet by 2024.

Other than SpaceX, Musk additionally drives electric auto producer Tesla Inc.