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SpaceX Is in Funding Talks That Would Value It at Over $150 Billion

SpaceX headquarters in Hawthorne, California.
SpaceX headquarters in Hawthorne, California.Photographer: Alisha Jucevic/Bloomberg
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Elon Musk’s SpaceX is in talks to raise a funding round that values the rocket-launch and satellite company at more than $150 billion, people familiar with the matter said.

The transaction being discussed represents a jump from the $125 billion valuation the company commanded earlier this year, the people said, asking not to be identified discussing confidential information. Terms including the price haven’t been finalized and could still change, the people said.