Axiom’s latest funding round raised $525 million, not $350 million as expected

Axiom’s module assembly sequence
The space station startup Axiom today announced that its latest funding round raised $525 million, exceeding significantly the $350 million predicted in February and indicating much greater investor enthusiasm for the company.
The close brought new capital onto Axiom Space’s cap table alongside the investors who anchored the round earlier this year. This positions the company to accelerate execution against its core programs: human spaceflight, spacesuits, and Axiom Station – the commercial successor to the International Space Station.
MUFG Bank, Ltd., Japan’s largest bank, joined the round as a new investor, alongside continued participation from existing backers.
With the $100 million previously raised, the company now has $625 million on hand for development, placing it in a strong financial position. It also shows, as does the large investments for the Vast and Starlab stations, that there is enough investor interest and commitment to build all three stations, even if NASA’s funding doesn’t provide all the necessary funds.
Below are my updated rankings of the five American space stations presently under development:
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