Elon Musk-led SpaceX has raised $100 million by selling shares, in an extension to a financing round earlier this year that raised up to $350 million, a regulatory filing showed on Monday.

SpaceX’s funding round in July had valued the rocket maker at about $21 billion, according to news reports.

In May, Space Exploration Technologies Corp launched its first satellite for the U.S. military with its Falcon 9 rocket, breaking a 10-year monopoly held by a partnership of Lockheed Martin (LMT) and Boeing (BA)

The Hawthorne, California-based company also has also outlined plans for a trip to Mars in 2022, to be followed by a manned mission to the red planet by 2024.

Besides SpaceX, Musk also leads electric car maker Tesla Inc (TSLA)

Get a free stock today, CLICK to learn how NOW

We want you to join our community

Benefits of signing up for a FREE membership now:

-No more costly delays in waiting for material

-Dozens of publications per week, including news coverage, earnings commentary, analysis, politics, and more

-Access to special guest contributions, including from WSJ, CNBC, and prolific SA authors

Ability to comment on articles

Access to our weekly newsletter

-Publish your own opinion/analysis

…..and FREE access to our upcoming paid content for life

CLICK HERE: All you have to do is register, and join the community today. 

Thank you for your readership, and for your loyalty.

Regards,

Quad7Capital

——

Not interested? We understand. However, you will miss out on the insights we have provided over the years, that helped drive us to the NUMBER ONE AUTHOR on long ideas on the Seeking Alpha Platform,

——

Please Like And Share Our Content!