SpaceX is in discussions with investors to raise about $1 billion at $270 a share, which would bring the companys valuation to about $44 billion without further investment, the source said. Because the financing negotiations are still in a state of confidentiality, the people who disclosed the information are not willing to disclose their identities.
This round of financing is unlikely to be completed in a few months.
SpaceX did not respond to requests for comment from the media.
According to media reports in March this year, SpaceXs latest financing limit was $500 million, when it valued the company at $36 billion, or $220 per share.
At a valuation of about $44 billion, SpaceX will be one of the most valued companies in the United States, backed by venture capital funds.
SpaceXs final valuation could reach $175 billion, according to a study released on July 20 by investment bank Morgan Stanley. In order to provide a reference for investors, the investment bank has been focusing on SpaceXs demand and capital sources.
So far, SpaceX has raised about $3.5bn and is expected to burn about $50bn between 2019 and 2032, Morgan Stanley said. By 2033, Starlink, the companys satellite Internet business, will not start generating free cash flow.
Investors in SpaceX include founder fund, a venture capital fund run by Peter Thiel, Google, fidelity, Baillie Gifford, and valor equity partners.
SpaceX was founded in 2002 by musk and headquartered in Hawthorne, California, with the ultimate goal of enabling humans to live on other planets. NASA has always been a key partner and a key customer of the company.
In May this year, two U.S. astronauts launched from the service provided by SpaceX and successfully arrived at the international space station. This marks the first time that a man has been put into orbit in space by launching a commercially developed rocket. The two American astronauts will return to earth on August 2. SpaceXs Dragon spacecraft, which only carries cargo, carries out regular replenishment missions to the international space station. (Tianmen Mountain)
Source of this article: Zhang Zutao, responsible editor of Netease science and Technology Report_ NT5054