Recent reports from CNBC reveal that SpaceX is in the process of raising $314.2 million through equity funding.
Elon Musk, the mind behind SpaceX, has disclosed the company’s intent to secure a substantial amount from investors, putting the valuation at $214 per share. If this fundraising round proves successful, SpaceX’s total funding for 2019 will reach $1.33 billion. Despite this development, SpaceX has chosen not to provide any official statements on the situation.
Investor interest has played a crucial role in propelling SpaceX’s initiatives forward. The company has continuously broken boundaries and set new benchmarks in privately-funded space exploration. In a recent event, SpaceX launched the latest Falcon Heavy rocket, featuring LightSail 2, a groundbreaking spacecraft powered by solar energy and the first to orbit the earth. The Falcon Heavy mission also involved deploying 24 satellites, including one carrying an atomic clock for NASA.
On Tuesday, SpaceX achieved a significant milestone in reusability by successfully catching the rocket’s falling payload off the Florida coast. The retrieval was a triumphant moment for Ms. Tree, the net-bearing boat that had previously attempted, but failed, to recover similar payloads.
