Space Exploration Technologies, the commercial space transportation startup founded by Elon Musk with ambitions to land people on Mars, is raising investment that values the company somewhere south of $10 billion, TechCrunch has learned.
Musk's SpaceX Denies Blog Report of Capital Raising Plan, Bloomberg Business Week
"SpaceX is not currently raising any funding nor has any external valuation of that magnitude or higher been done," John Taylor, a company spokesman, said in an e-mail. "The source in this [TechCrunch] report is mistaken."
Marc's note: It should be noted SpaceX did not refute the original story by Quartz in April where Quartz said SpaceX was close to closing a round of funding at that time.