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Former Tesla board member says SpaceX needs to achieve 2 of its 3 moonshots to keep its valuation
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- Elon Musk's Space X will need to achieve at least two of its three "moonshots" to justify its huge valuation, a former Tesla board member told CNBC Friday.
- Musk's reusable rocket company is looking to raise $75 billion, selling 555.6 million shares for $135 apiece, according to a filing with the Securities and Exchange Commission.
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Elon Musk's Space X will need to achieve at least two of its three "moonshots" to justify its huge valuation, a former Tesla board member told CNBC Friday.
Musk's reusable rocket company is looking to raise $75 billion, selling 555.6 million shares for $135 apiece, according to a filing with the Securities and Exchange Commission. The deal values SpaceX at $1.77 trillion, making it the seventh most-valuable U.S. company, ahead of Tesla.
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