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- On the heels of a successful 60-satellite launch, SpaceX says it has raised more than $1 billion for its Starlink satellite internet venture and its super-heavy-lift Starship rocket development effort. The higher-than-expected investments were reported today in two amended filings with the Securities and Exchange Commission. One financing round, which was opened last December, netted $486 million. The other, which opened last month, brought in $535 million. And between the two rounds, there was still $18.8 million in equity to offer, according to the filings. The SEC forms indicate that the earlier round involved eight investors, and the later round… Read More
- The SpaceX Falcon Heavy rocket sits at launch pad 39A at the Kennedy Space Center in Florida, on April 11, 2019. - SpaceX carried out its first commercial launch on April 11 with its Falcon Heavy rocket easing a Saudi telecoms satellite into orbit. The bright white rocket rose with a roar and spewed thick gray smoke on the ground as it made its way up into clear blue skies over Cape Canaveral, Florida, trailing a long plume of orange fire. (Photo by Gregg Newton / AFP) (Photo credit should read GREGG NEWTON/AFP/Getty Images)
- Visitors at Playalinda Beach look on as a SpaceX Falcon Heavy rocket launches from Pad 39B at the Kennedy Space Center in Florida, on April 11, 2019. - SpaceX's Falcon Heavy ferried the Arabsat-6A communications satellite into orbit for Saudi Arabia in the first commercial mission of the world's most powerful rocket. The Falcon Heavy consists of three first-stage boosters based on SpaceX's Falcon 9 rockets, all of which are designed to return to Earth under power for later reuse. The Arabsat-6A is a 6,000 kg (13,227 lbs) satellite that will provide telecommunications access throughout the Middle East, Europe and Africa. It is also a milestone flight for SpaceX, marking the first launch with a paying customer: Saudi Arabia. (Photo by Gregg Newton / AFP) (Photo credit should read GREGG NEWTON/AFP/Getty Images)
- A SpaceX Falcon 9 rocket takes off loaded with a Dragon cargo craft, during a resupply mission to the International Space Station from Cape Canaveral, Florida, U.S. May 4, 2019. REUTERS/Thom Baur
- A SpaceX Falcon 9 rocket takes off loaded with a Dragon cargo craft during a resupply mission to the International Space Station from Cape Canaveral, Florida, U.S., May 4, 2019. REUTERS/Thom Baur TPX IMAGES OF THE DAY
- A SpaceX Falcon 9 rocket takes off loaded with a Dragon cargo craft, during a resupply mission to the International Space Station from Cape Canaveral, Florida, U.S. May 4, 2019. REUTERS/Thom Baur
- A Falcon 9 SpaceX rocket, with a payload of 60 satellites for SpaceX's Starlink broadband network, lifts off from Space Launch Complex 40 during a time exposure at the Cape Canaveral Air Force Station in Cape Canaveral, Fla., Thursday, May 23, 2019. (AP Photo/John Raoux)
- A Falcon 9 SpaceX rocket, with a payload of 60 satellites for SpaceX's Starlink broadband network, lifts off from Space Launch Complex 40 at Florida's Cape Canaveral Air Force Station, Thursday, May 23, 2019. (AP Photo/John Raoux)
- In this image taken from NASA Television, a SpaceX shipment prepares to arrive at the International Space Station following a weekend launch, Monday, May 6, 2019. The Dragon capsule reached the orbiting complex Monday, delivering 5,500 pounds (2,500 kilograms) of equipment and experiments. (NASA TV via AP)
- Eight minutes after liftoff, SpaceX lands two of the first-stage boosters side by side at the Kennedy Space Center in Cape Canaveral, Fla., Thursday, April 11, 2019. (AP Photo/John Raoux)
- Eight minutes after liftoff, SpaceX lands two of the first-stage boosters side by side at the Kennedy Space Center in Cape Canaveral, Fla., Thursday, April 11, 2019. (AP Photo/John Raoux)