Hyperdrive
SpaceX Increases Latest Funding Round to $2 Billion
- Fidelity is one of the biggest investors in the round
- Round boosted to $2 billion from $1 billion with strong demand
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Elon Musk’s Space Exploration Technologies Corp. is close to finalizing $2 billion in new funding after the company increased the size of the round due to strong demand, according to people familiar with the matter.
Fidelity Investments, an existing investor, is one of the biggest participants in the round, one of the people said, asking not to be identified because the matter is private.