
Tesla Inc (NASDAQ:TSLA) CEO Elon Musk-owned SpaceX has raised a fresh round of funding that values the privately-held space company at $125 billion, the Wall Street Journal reported on Tuesday, citing an investor.
What Happened: The latest $1.5 billion fundraise lifts the valuation by 25% for SpaceX, which in 2021 had secured a $100 billion valuation.