Musk’s rocket company continues to fire on all cylinders, recently completing a lucrative ... [+] fundraising round, according to a CNBC report. Britta Pedersen-Pool/Getty ImagesBillionaire Elon Musk’s rocket company SpaceX reportedly completed an $850 million fundraising round last week, as it looks to raise capital for its ambitious Starlink and Starship projects. He is worth $173.4 billion as of market close on Tuesday, February 16, according to Forbes. SpaceX was last valued at $46 billion in an August 2020 fundraising round. The latest fundraising round comes in the midst of two capital-intensive projects, Starship and Starlink.

Source: Forbes February 17, 2021 03:22 UTC