SpaceX reports raising a billion dollars

Elon Musk

SpaceX CEO Elon Musk talks about the Starship super-rocket in September 2018. (SpaceX via YouTube)

On the heels of a successful 60-satellite launch, SpaceX says it has raised more than $1 billion for its Starlink satellite internet venture and its super-heavy-lift Starship rocket development effort.

The higher-than-expected investments were reported today in two amended filings with the Securities and Exchange Commission. One financing round, which was opened last December, netted $486 million. The other, which opened last month, brought in $535 million. And between the two rounds, there was still $18.8 million in equity to offer, according to the filings.

Get the full story on GeekWire.

About Alan Boyle

Aerospace and science editor for GeekWire, creator of Cosmic Log, author of "The Case for Pluto: How a Little Planet Made a Big Difference," president of the Council for the Advancement of Science Writing. Check out "About Alan Boyle" for more fun facts.
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