SpaceX raises another $100 million, funding total of $450m

SpaceX brings its funding round to a total of $450 million.

@JakConnorTT

Published Nov 28, 2017 7:45 AM CST
Updated Nov 3, 2020 12:53 PM CST

30 seconds read time

SpaceX has added a newly updated funding round to this year's summer collection. Adding $100 million on to it's already $351 million funding round bringing the total to around $450 million, putting Space X's total post-money valuation to $21.5 billion.

SpaceX raises another $100 million, funding total of $450m | TweakTown.com

James Gleeson, the spokesperson for SpaceX has replied to the amended filing by saying: "This filing simply discloses that SpaceX received an additional $100 million of investment as part of the last funding round which was disclosed earlier this summer."

SpaceX has massive ambitions, outlining plans for a trip to Mars in 2022 and launching satellites for the U.S military using its Falcon 9 rocket. It's clear why investors see SpaceX as a trustworthy investment, the track record for Elon provides its benefits of reassurance.

NEWS SOURCE:techcrunch.com

Jak Connor

Jak joined the TweakTown team in 2017 and has since reviewed 100s of new tech products and kept us informed daily on the latest science, space, and artificial intelligence news. Jak's love for science, space, and technology, and, more specifically, PC gaming, began at 10 years old. It was the day his dad showed him how to play Age of Empires on an old Compaq PC. Ever since that day, Jak fell in love with games and the progression of the technology industry in all its forms. Instead of typical FPS, Jak holds a very special spot in his heart for RTS games.