SpaceX has reportedly earned $750 million in new cash flow and has a valuation of approximately $137 billion, according to a new report.
Wedbush Securities managing director Dan Ives breaks down the several infrastructure adjustments Tesla CEO Elon Musk should take following the stocks’ catastrophic year., has reportedly raised $750 million during its latest round of funding, with a valuation of approximately $137 billion, according to a new report.
As Tesla's stock price continues to drop and turmoil surrounds Twitter amid the Musk buyout, SpaceX has received a fresh round of funding led by venture capital firm Andreessen Horowitz, according to a report from CNBC. is one of the original investors of Musk's $44 billion buyout of Twitter earlier last year. SpaceX did not respond to did not immediately respond to Fox Business for a request for comment.
In May 2022, SpaceX earned a prior valuation of $127 billion after receiving a $1.7 billion round of new funding. Musk, who recently lost his title as the world's richest human, has used SpaceX to launch satellites and equipment into space. / Getty Images)
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