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SpaceX Seeks $150 Billion Valuation in New Fundraising Effort: Reports

By Ava Ramirez
Published in SpaceX
June 25, 2023
1 min read
SpaceX Seeks $150 Billion Valuation in New Fundraising Effort: Reports

So, I was reading this article about SpaceX and how they’re apparently looking to raise a whopping $500 million in funding. Yeah, you heard that right…a cool half a BILLION dollars. Can you even imagine??

Anyway, apparently this could value the company at a whopping $150 billion. I mean, I’m all for space exploration and everything, but that seems like a pretty big number, if you ask me.

The article talks about how this funding could be used for a variety of things, like further developing SpaceX’s Starlink satellite internet service, funding future space missions, and even building a city on Mars (!!). Okay, that last one might be a bit of a stretch, but you never know with Elon Musk and his grand plans.

In all seriousness though, it’s fascinating to see how SpaceX has grown and evolved over the years, from a scrappy startup to a major player in the space industry. And with so much potential for what they could do next, I can see why investors might be willing to put up such a massive amount of cash.

All in all, I think this is an important topic to keep an eye on, especially if you’re interested in the future of space exploration. Who knows, maybe someday we’ll all be living on Mars thanks to SpaceX. Hey, a girl can dream!


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Ava Ramirez

Ava Ramirez

Science Writer

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