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Musk, 46, also founded electric car maker Tesla
REPLAY: SpaceX Falcon 9 rocket launch from Cape Canaveral highlights in 3 minutes
(FOX BUSINESS) – Elon Musks SpaceX places its loud according to a report released on Thursday , was an estimate of nearly $ 24 billion this month.
The California-based rocket company announced that it has funded another $ 500 million in investors by selling 3 million shares, Recode reports on $ 169 per share, citing information from Lagniappe Labs, who originally received the notification to have. That would amount SpaceX's estimate to $ 23.7 billion.
Fidelity, Google, and Peter Thiel's Founders Fund are among SpaceX's leading supporters, the report added. The rating would establish SpaceX as the third most valuable private company in the US, behind only Airbnb and Uber.
Musk, 46, also founded electric car maker Tesla, as well as The Boring Company, which dig tunnels to facilitate Hyperloop mass transit technology. Tesla has received a valuation of around $ 55 billion, according to recent company news, and shareholders recently approved a plan to compensate Musk with $ 2.6 billion in stock incentives if the company meets certain financial goals.
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