According to Securities & Exchange Commission filing last week, Elon Musk’s SpaceX has raised an extra $346.2 million (net) in its latest fund-raising efforts.

This suggests that Musk’s company has raised some $1.7 billion since the beginning of 2019. The company has a valuation of some $36 billion.  It previously raised $221 million on March 13th 2020.

Both tranches of cash were received in return for the issue of new Common Stock in the privately-held company.

Investors in SpaceX include Google, Fidelity, Draper Fisher Jurvetson, Founders Fund, Valor Equity and Capricorn.

SpaceX has been busy these past few days looking after a NASA launch using its Falcon Heavy rocket of two astronauts to the International Space Station.

Other posts by :

1. FCC boss praises AST SpaceMobile
2. Rakuten makes historic satellite video call
3. Rocket Lab confirms D2C ambitions
4. Turkey establishes satellite production ecosystem
5. Italy joins Germany in IRIS2 alternate thoughts
6. Kazakhstan to create museum at Yuri Gagarin launch site
7. AST SpaceMobile gets $42 or $1500 price target
8. Analyst: GEO bloodbath taking place
9. SES AGM results: Appaloosa still objecting

Categories: Articles, Funding, Satellite

Tags: elonmusk, musk, spacex