Elon Musk-led aerospace company SpaceX raises $1.9 billion in new funding, according to a regulatory filing on Tuesday.
This would be the largest funding round raise by SpaceX till date.
Bloomberg, in its report, said that the private rocket company will have an equity value of $46 billion after the transaction, citing people familiar with the matter.
SpaceX is an American aerospace manufacturer and space transportation services company headquartered in Hawthorne, California. It was founded in 2002 by Elon Musk with the goal of reducing space transportation costs to enable the colonization of Mars.
Its designs, manufactures and launches the world’s most advanced rockets and spacecraft.