SpaceX $27 billion valuation shows ‘unlimited’ private funding available

A SpaceX Falcon Heavy rocket lifts off via historic launch pad 39-A at the Kennedy Space Center in Cape Canaveral, Florida, U.S., February 6, 2018.

Thom Baur | Reuters

A SpaceX Falcon Heavy rocket lifts off via historic launch pad 39-A at the Kennedy Space Center in Cape Canaveral, Florida, U.S., February 6, 2018.

SpaceX has vaulted to become one of the most valuable private companies inside globe.

however, more importantly, SpaceX finds the item “the easiest” to raise completely new funding compared with any private technology company, according to Robert Hilmer, global head of business development at private market analysis group Equidate.

“SpaceX is actually one of [the most], if not the most, well-liked pre-IPO tech companies globally,” Hilmer told CNBC, speaking about how often the company is actually referenced in conversations with investors.

Elon Musk’s space venture continues to raise funds at a steady pace, most recently bringing about $500 million for the massive satellite constellation the item is actually building. Priced at $169 per share, the offering of 3 million completely new shares raises SpaceX’s valuation to $27.5 billion, according to Equidate along with two people familiar with the fundraising.

“There is actually an unlimited amount of funding that will the company could probably access globally in private markets,” Hilmer said, adding that will he has personally met many of “a diverse group” interested in SpaceX.

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