SpaceX just made amendments to a regulatory filing, stating that the company raised another $100 million in their latest Series H fundraising round. The additional funding brings the total to $450 million.
The additional funding gives the company a valuation of over $21 billion, according to Equidate, a marketplace for private company stock.
In May, SpaceX launched its first satellite for the U.S. military with its Falcon 9 rocket, breaking a 10-year monopoly held by a partnership between Lockheed Martin and Boeing. The Hawthorne, California-based company has also outlined plans for a trip to Mars in 2022, which is expected to be followed by a manned mission to the red planet by 2024.
The amended Series H round includes 25 unnamed investors. The company is now among the world’s most valuable privately owned firms. Last month, NASA awarded SpaceX a $97 million contract for a Sentinel-6A mission in 2020 aboard a SpaceX Falcon 9 rocket to study ocean topography and weather data.
Apart from SpaceX, Elon Musk also founded the revolutionary payment platform, PayPal and the electronic car manufacturing company, Tesla.