The GV-backed spacecraft launcher is reportedly set to raise $500m from Baillie Gifford and its existing investors at a $30.5bn valuation.
Space Exploration Technologies (SpaceX), the US-based space technology and services provider backed by internet technology conglomerate Alphabet, is lining up a $500m funding round, the Wall Street Journal reported yesterday.
The proposed round will value SpaceX at $30.5bn and the funding will come from investment firm Baillie Gifford and the company’s existing investors, according to people familiar with the matter.
It is however unclear whether the funding would represent the final close of a round with a $507m target that…
