SpaceX's New Funding Route Values the Company at $137 Billion

SpaceX is reportedly raising $750 million in a new funding route that values the company at $137 billion. The route is expected to be led by Anderson Horwitz A16Z which also participated in Musk's leveraged buyout of Twitter in late October of 2022. This latest round follows a successful year for SpaceX during which the company achieved several milestones and raised more than $2 billion. And despite these successes, SpaceX and Musk have faced some challenges and controversy in recent years. As the CEO of both SpaceX and Twitter, Musk has frequently made headlines for his comments on social media.