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Elon Musk’s SpaceX is reportedly raising $750M (approximately €707M) in a new round of funding at a valuation of $137B.
According to CNBC, Andreessen Horowitz (a16z) will likely lead the funding round. The VC has previously invested in SpaceX alongside Founders Fund, Sequoia, Gigafund, and others.
The announcement comes one month after SpaceX allowed insiders to sell at $77 per share, reportedly at a valuation of $140B, making it the most valuable private business in the US.
Last year, SpaceX raised $2B , including $250M in July.