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.
