WASHINGTON: Elon Musk’s rocket company SpaceX could be valued at a minimum of US$60 billion as it finalises a funding round expected to close in February, Business Insider reported on Thursday, citing three people familiar with the matter.
The latest round is expected to price each share between US$325 and US$350, the report said.
The report added while details of the deal are still being ironed out, it is possible that SpaceX’s valuation could reach as much as US$92 billion, up from a US$46 billion valuation in a funding round in August.
SpaceX did not immediately respond to a Reuters request for comment.