Elon Musk Denies Report on Plans for Multi-Billion Dollar Funding From Saudi, UAE for SpaceX

Elon Musk on Friday denied a media report that claimed investors from the United Arab Emirates and Saudi Arabia were planning on a multi-billion dollar investment in SpaceX. A report had claimed that the firm's next funding round was expected to value the rocket maker at about $140 billion (roughly Rs. 11,54,384 crore).

Mar 24, 2023 - 19:52
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Elon Musk Denies Report on Plans for Multi-Billion Dollar Funding From Saudi, UAE for SpaceX
Elon Musk on Friday denied a media report that claimed investors from the United Arab Emirates and Saudi Arabia were planning on a multi-billion dollar investment in SpaceX. A report had claimed that the firm's next funding round was expected to value the rocket maker at about $140 billion (roughly Rs. 11,54,384 crore).

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