Musk's SpaceX to raise $507 million at $26 billion valuation
Elon Musk-led SpaceX is raising $507 million in its Series I funding round which will value the company at around $26 billion, according to a filing seen by Reuters. Out of the total amount, $400 million will be reportedly raised from investors led by Fidelity Investments and about $100 million from Musk. SpaceX had raised $100 million in November 2017.