SpaceX said to be in talks to raise nearly $1b at $150b valuation

SpaceX said to be in talks to raise nearly $1b at $150b valuation

FILE PHOTO: Elon Musk raises his phone towards the sky during a news conference at the SpaceX Starbase, in Brownsville, Texas, U.S., August 25, 2022. REUTERS/Adrees Latif/

Billionaire Elon Musk’s SpaceX is in talks to raise nearly $1 billion in a new round that would value the rocket-launch and satellite company at about $150 billion, sources told Reuters.