SpaceX raises $1 billion in funding from Google, Fidelity

January 20, 2015 10:45 PM

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SpaceX raises $1 billion in funding from Google, Fidelity

(Reuters) - Space Exploration Technologies (SpaceX), founded by Elon Musk, said it has raised about $1 billion in a financing round with two new investors, Google Inc and Fidelity.

Google and Fidelity will collectively own just under 10 percent of SpaceX, the company said in a statement on Tuesday.

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