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This Article is From Nov 28, 2017

Elon Musk's Closely Held SpaceX Raises Another $100 Million

(Bloomberg) -- Space Exploration Technologies Corp. added another $100 million to its latest fundraising round, bringing the total to nearly $450 million, according to an amended regulatory filing.

The closely held company founded by Elon Musk had disclosed in August raising about $350 million the previous month. The round values the company at more than $21 billion, according to Equidate.

The amended filing with the U.S. Securities and Exchange Commission didn't disclose who led the financing. Musk, 46, has said he has no immediate plans to take the company he founded in 2002 public.

To contact the reporters on this story: Dana Hull in San Francisco at dhull12@bloomberg.net, Tom Metcalf in New York at tmetcalf7@bloomberg.net.

To contact the editors responsible for this story: Craig Trudell at ctrudell1@bloomberg.net, Anne Riley Moffat

©2017 Bloomberg L.P.

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