SpaceX seeks R1.37-trillion valuation

[Jamie McKane]

SpaceX seeks R1.37-trillion valuation

Elon Musk’s Space Exploration Technologies Corp. is in discussions with investors to raise another round of funding and seeks to double its valuation to as much as $92 billion (R1.37 trillion), Business Insider reported.

The talks are still at an early stage, with SpaceX looking to close the funding in January, Business Insider said Monday, citing people familiar with the matter. The rocket maker may be unable to persuade investors that its valuation should double from its level in a deal that closed about four months ago, the publication said.

 

[borro]

Hyperloop to Mars.

 

[mercurial]

Just ask the aliens how they do it.

 

[system32]

Headline:

SpaceX seeks R1.37-trillion valuation

Sounds like a lot, until I realized it's in ZAR.
When compared to Eskom's debt of ~R0.5-trillion...

 

[DailyTech]

go Elon go !

 

[Binary_Bark]

Sure the ANC can get thee money for you, they have been wasting billions on SEO's

 

[Vorastra]

go Elon go !

I hope your enthusiasm doesn't come from him being South African or something. He doesn't give a shet about South Africa. Rightly so, tbh.

 

[Binary_Bark]

I hope you're not saying that because he's SOuth African. He doesn't give a shet about South Africa. Rightly so, tbh.

He hates this shi!t hole

 

[system32]

UPDATE - NOPE - in relation to the Business Insider, repeated by Bloomberg, repeated by MyBB articles:

(Update: nope) SpaceX looks to double its valuation on Starlink, Starship promise

SpaceX CEO Elon Musk has responded, stating that it is “incorrect” to say that the company is seeking to double its valuation with a new round of funding. Broken by Business Insider, SpaceX was said to be working with investors to close another round of funding sometime in early 2021 with the...

www.teslarati.com

 

[sdrawk]

UPDATE - NOPE - in relation to the Business Insider, repeated by Bloomberg, repeated by MyBB articles:

View attachment 977398

(Update: nope) SpaceX looks to double its valuation on Starlink, Starship promise

SpaceX CEO Elon Musk has responded, stating that it is “incorrect” to say that the company is seeking to double its valuation with a new round of funding. Broken by Business Insider, SpaceX was said to be working with investors to close another round of funding sometime in early 2021 with the...

www.teslarati.com

Yoinked!