Report: SpaceX Raising Another $750 Million

Starship/Super Heavy on the launch pad at Boca Chica, Texas. (Credit: SpaceX)

CNBC reports that SpaceX is raising another $750 million in funding that values the company at $137 billion.

Last month, Bloomberg first reported that SpaceX was allowing insiders to sell at $77 per share, which would have put the company‚Äôs valuation near $140 billion. The company raised more than $2 billion in 2022, including a $250 million round in July, and was valued at $127 billion during an equity round in May, CNBC previously reported.

According to an e-mail sent to prospective SpaceX investors, Andreessen Horowitz (also known as a16z) will likely lead the new funding round. Early SpaceX investors included Founders Fund, Sequoia, Gigafund and many others.