SpaceX ups fund-raising effort from one to two billion
Capitalism in space: SpaceX has apparently raised $2 billion during an on-going investment capital round, double what the company had initially expected.
This means that SpaceX has now raised $4 billion in private investment in the last year, the bulk of which the company says it is devoting to Starship. However, they have also said that for this most recent round some of the monies will go to making their Starlink satellite internet constellation operational. With 595 satellites already in orbit, and good testing ongoing, it appears a lot of investors want to get in on the game.
Capitalism in space: SpaceX has apparently raised $2 billion during an on-going investment capital round, double what the company had initially expected.
This means that SpaceX has now raised $4 billion in private investment in the last year, the bulk of which the company says it is devoting to Starship. However, they have also said that for this most recent round some of the monies will go to making their Starlink satellite internet constellation operational. With 595 satellites already in orbit, and good testing ongoing, it appears a lot of investors want to get in on the game.





