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The launch provider turned satellite operator raised $486.2 million in one round, and $535.7 million in another, the company said in May 24 filings to the U.S. Securities and Exchange Commission.
The filings show SpaceX sold all but $18.8 million of the shares available between the two rounds. The company raised $1.022 billion in total.
It appears the money will be used to finance the construction of both Super Heavy/Starship and their Starlink satellite constellation. The article also notes that SpaceX generated $2 billion in revenues last year. All told, the company seems to be in very healthy shape financially.