Elon Musk’s SpaceX goal aims to raise $ 1.7 billion: report

Elon Musk's SpaceX goal aims to raise $ 1.7 billion: report

Elon Musk’s SpaceX is the first private company to send astronauts into orbit. (File)

Washington:

Aerospace firm SpaceX is seeking সংগ্রহ 1.7 billion in new funding, a huge undertaking because its controversial founder, Elon Musk, continues to make news, television channel CNBC reported Sunday.

Citing a company-wide email the network said it received, CNBC reported that the space travel pioneer would pay $ 70 per share – up 25 percent from a 56 56 share in February after the stock split.

That would cost the 20-year-old firm – the first private company to send astronauts into orbit, among many others – $ 127 billion.

That valuation has steadily risen in recent years as SpaceX has raised billions to finance its next-generation Starship rocket and its Starlink global satellite internet network.

Meanwhile, independent online website Insider reported this week that SpaceX had paid এ 250,000 to settle a sexual misconduct allegation against a SpaceX corporate jet attendant.

Musk, 50, denied the allegations, saying on Twitter on Thursday that “for the record, these wild allegations are completely untrue.”

Musk, who is the CEO of carmaker Tesla, says he is offering $ 44 billion to buy Twitter.

But this week he said he needed to be clear about the proliferation of fake or spam accounts on popular social media platforms before proceeding with the purchase.

(Except for the title, this story was not edited by NDTV staff and was published from a syndicated feed.)

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