Billion

Elon Musk’s SpaceX to Raise $250 Million, Valuing It at $36 Billion: Report

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Elon Musk’s SpaceX is looking to raise about $250 million (roughly Rs. 1,797 crores), taking the private rocket company’s valuation to about $36 billion (roughly Rs. 2,58,795 crores), CNBC reported on Friday, citing people familiar with the financing. The company plans to raise the amount at a price of $220 (roughly Rs. 15,800) per share and … Read more

Microsoft to Invest $1.1 Billion in Mexico Over Next 5 Years: CEO

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Microsoft Chief Executive Satya Nadella said the technology giant will invest $1.1 billion in Mexico over the next five years, according to a promotional video released by the Mexican government on Thursday. Nadella said the investment is “focused on expanding access to digital technology for people and organisations across the country.” Microsoft will build a … Read more