SpaceX’s Valuation Climbs to $25 Billion

Company authorized raising $507 million on April 5

The value of Elon Musk’s Space Exploration Technologies Corp. keeps reaching new heights.
The rocket maker authorized a $507 million fundraising round on April 5 at a valuation of about $25 billion, according to PitchBook Data. With that increase in SpaceX’s worth, Musk’s fortune would rise about $1.4 billion to $21.3 billion, according to Bloomberg Billionaires Index calculations.
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