Elon Musk's SpaceX raises $1.16 billion in equity financing

Billionaire Elon Musk-led space company SpaceX has raised about $1.16 billion in equity financing over the last two months, the company said in amended regulatory filing. Earlier in February, SpaceX reported that it had raised about $850 million at a reported valuation of $74 billion. SpaceX plans on landing its Starship rockets on Mars before 2030, Musk said last month.