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.
As SpaceX continues to rapidly scale Starlink, its suppliers are racing to keep pace. One of them, European chipmaker STMicroelectronics, has revealed just how massive its role in the satellite internet network has become — and how much bigger it’s about to get. According to Reuters, STMicro has shipped more than 5 billion radio-frequency antenna […]
SpaceX’s Starlink constellation is continuing its rapid expansion, and the company is now on track to surpass 10,000 satellites in orbit by February 2026 — a milestone that would cement Starlink as one of the most ambitious infrastructure projects ever deployed in space. Looking at cumulative deployment trends over the past six years, the pace […]
SpaceX’s Starlink is proving that high-speed satellite internet isn’t just for homes, RVs, or airplanes — it can also keep up with off-road race trucks blasting through the desert at full throttle. In a new showcase shared by Starlink, competitive off-road racing team 1 Nine Industries and Terrible Herbst Motorsports used Starlink connectivity to prepare […]
