These are the good news days for Elon Musk, after hitting a record high Tesla (TSLA) share price of $1,911.31 yesterday, his private space exploration venture SpaceX has secured its largest funding round of $1.9 billion, Reuters reports.
Bloomberg, who is familiar with the matter reported that 75 different investors have taken part in this SpaceX funding round. To date, this is the largest funding that SpaceX has received.
According to SpaceX’s regulatory filing of this funding round with the United States Securities and Exchange Commission (PDF below), SpaceX had originally offered $2,066,446,620 USD worth of equity and preferred stock for sale and until yesterday $1,901,446,920 USD has been sold from the offered amount.
Around $165 million of equity and the preferred stock amount is still up for grabs. The $1.9B financial injection to SpaceX has escalated the company’s value to $46 billion, making it one of the most valuable privately held companies of the U.S.
SpaceX $2B SEC Filing
This huge funding round is the fruit of the successful NASA-SpaceX Demo-2 human flight mission to the International Space Station and return of the astronauts Doug Hurley and Bob Behnken.
SpaceX is currently testing multiple prototypes of the company’s next spaceship named ‘Starship’ aimed at taking a manned mission around the moon in 2023, the project codenamed ‘#dearMoon‘.
Musk shared the interesting video of SpaceX’s recovery vessel Ms. Tree catching the fairing half after yesterday’s Falcon-9 launch which had 58 Starlink satetllites and 3 Panet’s SkySats aboard (same setup as the previous Falcon-9 launch).
Follow us on Google News for more interesting SpaceX stuff
Related SpaceX and Tesla Stories:
- Next Tom Cruise movie to be shot in space with NASA and SpaceX
- SpaceX and NASA making history today — returning human spaceflight to the US
- SpaceX Starship SN4 explodes during testing (videos)
- SpaceX Falcon 9 successfully launches more Starlink satellites to orbit (videos)
- Tesla expands the rollout of FSD v12.5 to Hardware 4 vehicles, no sign of it on Cybertruck yet
- Tesla (TSLA) Q2 2024 Earnings Call: Elon Musk talks about Robotaxi, FSD, Optimus, Roadster, Dojo, and the next-gen affordable EV
- Tesla begins the rollout of FSD v12.5 to employees and select external testers (first impressions)
- Watch the new Tesla Model 3 Performance run a quarter-mile in under 11 seconds
