Elon Musk denies multi-billion investment in SpaceX by Saudi Arabia and UAE.
No funding for SpaceX from Middle Eastern investors; Image: The new Arab.
Elon Musk today denied that investors from Saudi Arabia and the United Arab Emirates (UAE) will invest billions in SpaceX.
A report from Teslarati said that an investment fund from Saudi Arabia and an Abu Dhabi company are preparing to invest several billion in SpaceX, making the company worth $140 billion. Musk, however, denied this investment on Twitter when he wrote "not true."
