SpaceX has raised more than $ 1.9 billion in new funding this month, representing its largest single fundraising round to date, according to a SpaceNews report.
A settlement filed on Tuesday (August 18) revealed that 75 investors were making equity investments in Elon Musk’s startup. SpaceX is also selling an additional $ 165 million in joint ventures, which would set the final amount of new funding at $ 2.07 billion, SpaceNews reported.
The California-based company raised more than $ 346 million in May after raising the ceiling to $ 350 million, up from $ 250 million in February, according to the company’s earlier filing with the U.S. Securities and Exchange Commission (SEC). ). “None of these SEC revelations were submitted at the end of SpaceX’s fundraising rounds. If both rounds are funded to completion, then SpaceX will have raised $ 2.41 billion,” Space News reported.
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SpaceX has seen a lot of success this year, making the company favorable in the eyes of investors. The company’s successes include the historic Demo-2 mission, which launched on May 30th. This mission marked the first crew test flight of SpaceX’s Crew Dragon capsule and the first time astronauts launched to orbit a commercial spaceflight.
The mission was successfully packed on August 2, when the Crew Dragon capsule exploded with NASA astronauts Bob Behnken and Doug Hurley in the Gulf of Mexico. SpaceX said the mission’s success is good for the company’s future, including tourist flights.
SpaceX also recently defeated Blue Origin and Northrop Grumman in securing military satellite launch contracts with the Pentagon. SpaceX, along with the United Launch Alliance, will provide launch services for U.S. national security missions from 2022 to 2027. Under this contract, SpaceX will launch 40% of those missions and has already received a $ 316 million contract for one such mission, according to Space News.
Earlier this month, SpaceX successfully launched dozens of Starlink Internet satellites and two small Earth imaging satellites on August 7th. The Starlink satellites belong to the “megaconstellation” of thousands of Internet satellites SpaceX builds for worldwide Internet connection. SpaceX’s two-stage Falcon 9 rocket launched the satellites into orbit.
Related: Starlink satellite constellation launches in photos
On August 18, SpaceX successfully launched another Falcon 9 rocket that reused the same sixteen booster for a sixth time, setting a new record for the giant rockets.
SpaceX is also preparing for its first operational crew flight for NASA, which is scheduled to launch on October 23. The launch of Crew-1 will send NASA astronauts Victor Glover, Michael Hopkins and Shannon Walker, and the Japanese Soichi Noguchi to the International Space Station aboard a SpaceX Crew Dragon capsule.
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