CNBC reports that SpaceX, the aerospace manufacturing and space transportation services firm established by Elon Musk, is seeking $750 million in a fresh investment round that values the company at $137 billion.
This investment is anticipated to be headed by Andreessen Horowitz (a16z), a venture capital company that has previously invested in SpaceX and Musk's $44 billion purchase of Twitter.
Bloomberg first claimed that SpaceX was enabling insiders to sell shares for $77 per share, which would have placed the company's capitalization in the vicinity of $130 billion.
SpaceX successfully secured more than $2 billion in 2022, including a $250 million investment round in July. During an equity round in May of the same year, the business was valued at $127 billion.
The additional investment follows SpaceX's outstanding accomplishments over the last year, including the acquisition of over one million customers for its satellite internet service, Starlink, and the successful completion of over 60 reusable rocket launches via its Falcon program.
In addition, the development of the company's Starship and Super Heavy launch vehicles at its Starbase facility in Texas has continued to advance.
However, SpaceX's Starship program, which is part of NASA's ambitious ambition to send men to the moon, also experienced delays.
Despite these obstacles, the company's impressive track record and ambitious future goals have satisfied investors, as seen by its most recent investment round.
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