Who is throwing new money at SpaceX? Bob Zimmerman BehindtheBlack.com

Nov 30, 2017, 01:52 AM
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Who is throwing new money at SpaceX? Bob Zimmerman BehindtheBlack.com

Capitalism in space: In its current round of stock sales SpaceX had raised another $100 million in investment capital.

In August, the space exploration company sold $349.9 million worth of shares, a Securities and Exchange Commission (SEC) filing showed. That amount has now risen to $449.9 million, a new filing showed on Monday, adding an extra $100 million onto the current fundraising effort.

The latest injection of cash values SpaceX at $21.5 billion, according to Equidate, a platform that facilitates the trading of shares in private technology firms. SpaceX was not immediately available for comment on the valuation when contacted by CNBC. If I was a big money investor I too would be interested in buying some SpaceX stock. Meanwhile, Aviation Week is reporting that the first Falcon Heavy launch has slipped to 2018. I am not surprised, but I have also not seen any other news reports on this, so I am withholding judgement.

http://behindtheblack.com/behind-the-black/points-of-information/spacex-raises-another-100-million-in-investment-capital/