The Alphabet-backed space launch services provider has raised cash from Ontario Teachers’ Pension Plan as it targets $314m at a likely $33.3bn pre-money valuation.

Pension manager Ontario Teachers’ Pension Plan invested an undisclosed sum in Space Exploration Technologies (SpaceX), the US-based intergalactic services provider backed by several corporate investors, yesterday. SpaceX is looking to raise just over $314m in the round, according to regulatory documents seen by CNBC, which reported that Ontario Teachers’ Pension Plan will supply most or…

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