Musk denies report on SpaceX's plans for new funding from Saudi, UAE


FILE PHOTO SpaceX owner and Tesla CEO Elon Musk speaks during a conversation with game designer Todd Howard not pictured at the E3 gaming convention in Los Angeles California June 13 2019.  REUTERSMike BlakeFile PhotoFile Photo

FILE PHOTO: SpaceX owner and Tesla CEO Elon Musk speaks during a conversation with game designer Todd Howard (not pictured) at the E3 gaming convention in Los Angeles, California, June 13, 2019. REUTERS/Mike Blake/File Photo/File Photo

(Reuters) - 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.

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.

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