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Here’s another Thing Billionaire Elon Musk’s SpaceX Is Looking To Launch: a New Funding Round

Investors may be about to buy a bigger stake in SpaceX.

Elon Musk’s 12-year-old venture is in discussions with investors to see if they’re interested in sinking fresh cash into the space transportation company, Quartz has learned.

The Hawthorne, California-based company, known more formally as Space Exploration Technologies, has reached out to venture capital funds who invested money during previous rounds, a source familiar with the fund raising told Quartz. The investment round is expected to close in the next few weeks and could raise anywhere from $50 million to more than $200 million, a source said.

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You really need to quote the next section.

The deal could see investors purchase private shares from employees who hold otherwise illiquid stakes in the company. In addition to such a “liquidity round” of funding, SpaceX could also raise some fresh money outside of those existing shares, a source noted.

This looks like another round of buying back employee shares. The last round was in the same range.

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