SpaceX looks to raise $507 million in a new funding round: filing

SpaceX's president Gwynne Shotwell defended the company's rocket performance launch of Zuma saying that the Falcon 9 rocket'did everything correctly and suggestions otherwise are'categorically false. This

SpaceX filed paperwork in DE to raise an additional $500 million in capital, according to Equidate, a stock market for private technology companies that tracks such filings.

TechCrunch and Recode were among the first to report that SpaceX authorized another Series I fundraising round, citing a certificate of incorporation that was filed in DE and seen by Prime Unicorn Index creator Lagniappe Labs.

SpaceX did not respond to queries about the fundraising round or where the money will be going.

More news: 16-year-old boy dies after being trapped by minivan seat

The new valuation - which different data services estimate at between $23.7 and $27 billion - is up from $21 billion in November, according to Pitchbook.

Fidelity, Google, and Peter Thiel's Founders Fund are among SpaceX's leading backers, the report added. That would make the company the third most valuable venture-backed startup in the US, says Bloomberg. Musk plans to fly roughly 30 missions this year and has completed seven to date. It's next launch is scheduled for Monday.

In February, SpaceX launched the world's largest rocket into space, carrying onboard a cherry red Tesla Roadster.

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