(Reuters) – Rocket company Elon Musk SpaceX could be valued at at least $ 60 billion as it completes a planned funding round in February, Business Insider reported statement on Thursday, naming three people who were familiar with the case.
The latest round is expected to price each share between $ 325 and $ 350, the report said. (bit.ly/39rlnoU)
The report added that while details of the deal are yet to be released, it is possible that SpaceX ‘s valuation could reach as much as $ 92 billion, up from a $ 46 billion valuation in the August funding round.
SpaceX did not immediately respond to Reuters’ request for comment.
Reporting by Chavi Mehta in Bengaluru; Edited by Aditya Soni and Sriraj Kalluvila