Report: SpaceX Raising New Funding At Near $10 Billion Valuation

A new report this morning says that Hawthorne-based spaceship and rocket developer Space Exploration Technologies is in the midst of raising a new round of investment, which values the company at around $10 billion. Amount of funding, and the investors involved, have not been disclosed. The report came from TechCrunch. If true, the valuation of SpaceX near the $10 billion mark would about double its last known valuation of roughly $4.8 billion.