Feedback loops power Elon Musk’s SpaceX

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Even as tech valuations fall, SpaceX’s may rise 20%, to $150 billion. The bigger the satellite business gets, the worse the economics become for rivals such as Amazon, writes rob_cyran.

 

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SpaceX in talks to raise nearly $1 billion at $150 bln valuation -sourcesBillionaire Elon Musk's SpaceX is in talks to raise nearly $1 billion in a new round that would value the rocket-launch and satellite company at about $150 billion, sources told Reuters.
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