100 Elon Musk’s SpaceX is raising $750 million in a new round of funding that values the rocket and satellite company at $137 billion from investors, including Andreessen Horowitz. SpaceX was in talks about an offering of mostly secondary shares that could value the company at up to $150 billion, representing a 20% increase in valuation. SpaceX, which counts Alphabet Inc and Fidelity Investments among its investors, had raised about $1.68 billion through equity financing in June. You Might Be Interested In 3 Hot Nasdaq Stocks to Ride This Fall Global Markets React to Hawkish Reports; US Treasury Yields Surge, Stocks Post Losses Many Japanese sectoral stocks yet to recover from COVID-19 shocks Shapoorji Pallonji announces plans to sell 2.5% stake in Sterling and Wilson Renewable through Offer for Sale Oman receives ROI 6bn in FDI in Q1 2023, up 8.4% from Q4 2022 Final reflections are out on the LIBOR transition from the Financial Stability Board
