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 is making a rare public appeal in an effort to finally launch its satellite internet service in South Africa, asking local citizens to directly urge the country’s communications regulator to approve key licensing changes. According to a report from Connecting Africa, SpaceX’s satellite internet arm recently emailed its South African database, petitioning people to […]
DishNinjas, a professional installer specializing in Starlink satellite internet, is significantly expanding its footprint across the U.S. Midwest as demand for high-speed, reliable connectivity continues to surge. The company announced on Tuesday that it is rolling out its professional residential and commercial Starlink installation services to 12 Midwest states, including Ohio, Indiana, Illinois, Michigan, Wisconsin, […]
Starlink Wi-Fi is now available across more than half of Qatar Airways’ global fleet, marking a major milestone for both the airline and SpaceX’s rapidly expanding aviation connectivity business. According to details shared by longtime SpaceX and Tesla watcher @SERobinsonJr, Qatar Airways now operates the world’s first and largest Starlink-equipped widebody fleet, with nearly 120 […]