Musk’s SpaceX raises $250 million in equity, as much as $2 billion in 2022

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A Starship model bases on the business’s launchpad in Boca Chica, Texas on March 16, 2022.


Elon Musk’s SpaceX raised $250 million in an equity round last month, the business divulged in a securities filing onFriday It has actually now raised $2 billion in 2022.

The filing does not define the sources of the funds, however noted they originated from 5 financiers.

SpaceX did not divulge a modification in its evaluation. The business’s worth has actually skyrocketed in the last couple of years, with SpaceX raising billions to money deal with 2 capital-intensive tasks– the next generation rocket Starship and its worldwide satellite web networkStarlink Its worth struck $127 billion throughout its previous equity round in May, CNBC reported. That raise generated $1.725 billion.

SpaceX is pursuing the next turning point in Starship’s advancement– the very first effort to reach orbit. Musk previously today stated on Twitter that an effective orbital flight “is probably between 1 and 12 months from now.”

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