On Tuesday, SpaceX confirmed the $850 million funding, as disclosed in a Securities and Exchange Commission (SEC) Form D (via Reuters).
The filing notes a total offering amount of $849,995,922 USD sold, with $3,779 USD remaining. The funding will allow SpaceX to continue building prototypes of Starship and also more Falcon 9 boosters, as the rocket business is very capital intensive.
SpaceX now targeting no earlier than Thursday, February 25th, for a flight test of Starship prototype SN10 as per new/removed TFRs
SpaceX plans to launch a test flight of its Starship SN10 prototype, possibly by Thursday of this week, while its next Falcon 9 launch of Starlink satellites is pegged for the end of February.
Starlink has unveiled a new tool aimed at making Earth’s increasingly crowded orbits safer for everyone. Called Stargaze, the system is a Space Situational Awareness (SSA) platform designed to track satellites and predict potential close approaches, helping operators avoid collisions before they happen. In a post shared by Starlink on X, the company said Stargaze […]
SpaceX is reportedly weighing a major consolidation move as it inches closer to a long-anticipated public offering, with discussions underway around a possible merger with either Tesla or artificial intelligence startup xAI. According to Bloomberg, the talks are still exploratory, but they underscore Elon Musk’s growing interest in bringing his sprawling portfolio of companies closer […]
Starlink has passed 1 million subscribers in Brazil, turning the country into its second-largest market in the world. The update was shared by Michael Nicolls, a SpaceX executive, in a post on X celebrating the milestone. “Thanks to our 1M subscribers in Brazil, @Starlink’s second largest customer base! Starlink now accepts Pix instant payments and […]
