<p>Elon Musk, the billionaire founder of SpaceX, on Friday denied a media report from earlier this week that said investors from Saudi Arabia and the United Arab Emirates were planning to invest in a multi-billion dollar funding round in the company.</p>.<p>A unit of Saudi Arabia's investment fund and an Abu Dhabi-based company are planning to invest in a multi-billion dollar funding round for SpaceX, the Information had reported on Wednesday, citing people familiar with the discussions.</p>.<p>Musk tweeted "not true" responding to the report.</p>.<p>The funding round is expected to value the rocket maker at about $140 billion, the report added.</p>.<p>SpaceX raised $2 billion in 2022 and $2.6 billion in 2020, according to venture capital firm Space Capital.</p>
<p>Elon Musk, the billionaire founder of SpaceX, on Friday denied a media report from earlier this week that said investors from Saudi Arabia and the United Arab Emirates were planning to invest in a multi-billion dollar funding round in the company.</p>.<p>A unit of Saudi Arabia's investment fund and an Abu Dhabi-based company are planning to invest in a multi-billion dollar funding round for SpaceX, the Information had reported on Wednesday, citing people familiar with the discussions.</p>.<p>Musk tweeted "not true" responding to the report.</p>.<p>The funding round is expected to value the rocket maker at about $140 billion, the report added.</p>.<p>SpaceX raised $2 billion in 2022 and $2.6 billion in 2020, according to venture capital firm Space Capital.</p>