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Rather than have two more consecutive posts about SpaceX, I’ve decided to post these two together in an effort to avoid making this website look like a site totally devoted only to this one company.
The first story makes it clear that SpaceX will almost certainly fly the first unmanned demo missions of its manned capsule later this year. We should also get an idea whether the first manned flight will occur before the end of the year, or slip into 2019, in May.
The second story reveals once again the robust and growing financial value of SpaceX.
Elon Musk-led SpaceX Corp is raising $507 million in a new round of funding, valuing the company at around $26 billion, according to a filing seen by Reuters. New articles of incorporation filed by the company last week and sent to Reuters by private analytics firm Lagniappe Labs showed the addition of 3 million ‘Series I’ shares from a previous version filed in November.
The filing also gave the initial value of the Series I shares as $169, 25 percent higher than a value given in its previous fundraising round late last year.
As Al Jolson once said, “You ain’t seen nothin’ yet!” I expect that SpaceX’s value will only go up in the coming years.