Elon Musk’s SpaceX secures a $1.9B funding round

-

-Advertisement-

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.

– Sponsored –

SpaceX $2B SEC Filing

Source: U.S. SEC

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 Follow us on Google News for more interesting SpaceX stuff

Related SpaceX and Tesla Stories:

Iqtidar Ali
Iqtidar Alihttp://www.teslaoracle.com
Iqtidar has been writing about Tesla, Elon Musk, and EVs for more than 3 years on XAutoWorld.com, many of his articles have been republished on CleanTechnica and InsideEVs, maintains a healthy relationship with the Tesla community across the Social Media sphere. You can reach him on Twitter @IqtidarAlii

Latest News

Tesla’s SVP of Engineering Drew Baglino and VP Rohan Patel leave the company amid news of 10% layoffs

Tesla (TSLA) is facing a big loss of two top executives leaving the company today. This has happened amid...

Tesla introduces Sport Seats for Model S Plaid designed for high G-force cornering

Tesla (TSLA) introduced newly designed seats for the Plaid variant of the Model S sedan earlier this week. These...

The true story of how FSD V12 helped a Tesla owner reach hospital and saved his life

A Tesla Model Y owner from Asheville, NC shared his amazing experience of how Full Self-Driving V12 helped him...

Elon Musk to visit India soon and primarily focus on sustainable energy, not Tesla cars

Tesla (TSLA) CEO Elon Musk hinted that he intends to meet Indian Prime Minister Narendra Modi soon. He released...
- Advertisement -

Flight 4 Starship goes through 2nd static fire test, OLM gets repairs at Starbase, more

SpaceX conducted the 1st static fire test on Starship 29 (Ship 29) on Monday in preparation for the next...

Watch Starship Flight 3 (IFT-3) live stream recording and live updates from the SpaceX Starbase launch site

SpaceX has started live-streaming the Starship Flight 3 (IFT-3) launch and liftoff official coverage (watch below). We will be updating...

Starship Flight 3 (IFT-3) date falls on SpaceX’s 22nd foundation anniversary, FAA approves the launch

According to Elon Musk, SpaceX will attempt to fly the Starship for the 3rd time from Starbase, Texas in...

Tesla Tips & Tricks

Tesla Quarterly Reports & Eearnings

Tesla (TSLA) vehicle deliveries drop in Q1 2024 by 20% QoQ — but it still did better than BYD

Tesla, Inc. (TSLA) announced its Q1 2024 vehicle production...

Tesla (TSLA) achieves the 1.8 million vehicle delivery target for 2023 with a record-breaking quarter

In a press release yesterday, Tesla (TSLA) announced its...
- Advertisement -

You might also likeRELATED
Recommended for You