SpaceX would like to raise a huge sum that would further increase its valuation

The space company SpaceX, owned by Tesla boss Elon Musk, is seeking to raise $1.7 billion according to information published on Sunday May 22 by the American channel CNBC. “The space company is seeking to raise up to $1.725 billion in new capital, at a price of $70 per share, according to an internal email sent Friday and obtained by CNBC,” the channel details on its website.

That would bring the valuation of SpaceX, which is not publicly traded, to around $127 billion, CNBC points out. The company’s valuation has risen sharply in recent years, with SpaceX raising billions to fund work on the Starship rocket and for the Starlink satellite internet service.

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Independent online media The Insider also reported this week that SpaceX paid a woman $250,000 in 2018 to end a lawsuit filed against Elon Musk for inappropriate behavior.

The richest man in the world undertook to buy the social network Twitter and made an offer for this purpose of 44 billion dollars at the end of April. But he put it on hold this week due to a supposed lack of clarity about the fake accounts, while saying he was “still committed” to completing the operation.

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