SpaceX Raises Additional $100 Million

Credit: SpaceX

SpaceX’s recent fund-raising efforts have proven to be more successful than originally reported.

Elon Musk’s SpaceX has raised another $100 million as part of its latest funding round, according to new regulatory documents.

In August, the space exploration company sold $349.9 million worth of shares, a Securities and Exchange Commission (SEC) filing showed. That amount has now risen to $449.9 million, a new filing showed on Monday, adding an extra $100 million onto the current fundraising effort.

The latest injection of cash values SpaceX at $21.5 billion, according to Equidate, a platform that facilitates the trading of shares in private technology firms. SpaceX was not immediately available for comment on the valuation when contacted by CNBC.