A Falcon 9 rocket launches the company’s 14th Starlink mission on October 18, 2020.
SpaceX
Elon Musk’s SpaceX added more money to its most recent equity collection, according to a stock statement Wednesday.
SpaceX maintained a second close of about $ 314 million, which added to the $ 850 million CNBC reported the company raised in February. The amendment brings the new total assets raised from the round to $ 1.16 billion, which the company raised to a valuation of about $ 74 billion.
The company’s strong demand for shares is centered around its ambitious Starship and Starlink projects.
Starship is the next-generation rocket developed by Musk’s company, designed to be more powerful than even the Saturn V rockets that carried astronauts to the moon.
Starlink is a global satellite network that SpaceX is beginning to use to provide high-speed Internet to customers.