SpaceX Raised $1.5 Billion in 2021

Elon Musk (Credit: SpaceX)

Reuters reports that SpaceX raised nearly $1.5 billion last year to fund development of its Starlink satellite broadband constellation and Super Heavy/Starship launch system.

Billionaire Elon Musk’s SpaceX has raised $337.4 million in equity financing, the rocket company disclosed in a regulatory filing on Wednesday.

SpaceX, which counts Alphabet Inc (GOOGL.O) and Fidelity Investments among its investors, hit $100 billion in valuation following a secondary share sale in October, according to CNBC. It had raised about $1.16 billion in equity financing in April….

Musk, who also leads several futuristic companies including Tesla Inc (TSLA.O), Neuralink and Boring Co, said earlier this year that SpaceX will be landing its Starship rockets on Mars well before 2030.