The GV-backed spacecraft launcher is reportedly set to raise $500m from Baillie Gifford and its existing investors at a $30.5bn valuation.

Space Exploration Technologies (SpaceX), the US-based space technology and services provider backed by internet technology conglomerate Alphabet, is lining up a $500m funding round, the Wall Street Journal reported yesterday. The proposed round will value SpaceX at $30.5bn and the funding will come from investment firm Baillie Gifford and the company‚Äôs existing investors, according to…

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