SpaceX on Monday confirmed a previous report back in May the company was looking to raise up to $1.7 billion in new funding.
A Form D filed today shows the total offering amount at $1,724,965,480 in new funding, coming from 74 investors from this round.
Back in May, a company-wide email noted the company was seeking to raise new funding at $70 per share. Back in February, SpaceX’s stock split 10 to 1, lowering the price to $56 per share.
Earlier today, the FAA granted SpaceX environmental approval to proceed with its Starship orbital launch, after it met some new requirements. Next for the company is to obtain a launch license for its orbital flight, after static test fires.
The next SpaceX launch is pegged for Friday, June 17, 2022, when it plans to launch another batch of Starlink satellites into orbit.
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Starlink Finally Launches 24/7 Live Phone Support
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Southwest to Offer Free Starlink Wi-Fi on 300+ Jets
Southwest Airlines is officially bringing Starlink Wi-Fi to the skies. In a press release this week, Southwest Airlines announced it will begin installing SpaceX’s Starlink across its fleet, delivering next-generation, low-Earth orbit satellite internet to passengers across its network of 11 countries. The first Starlink-equipped Southwest aircraft will enter service this summer, with more than […]
Starlink’s Secret $50 Credit Effectively Offers a Free Month
SpaceX is quietly rolling out a new promotion for Starlink — and if you were already considering signing up, this one might be worth a look. The company has begun mailing promotional postcards to prospective customers offering a $50 service credit for new Residential subscribers. Several users on X have confirmed receiving the mailer, which […]
