equity raise

equity raise

media.defense.gov

Elon Musk's SpaceX just secured another $314 million, bringing its most recent round to nearly $1.2 billion, according to paperwork filed on Wednesday.

The Hawthorne-based company that wants to bring humans to Mars by 2026 added to their $850 million raise in February. Musk is in the process of developing a next-generation rocket, Starship to do that. And he has also set its sights on bringing high-speed internet to the masses with Starlink, a constellation of satellites.

The latest round comes as investors are pouring money into late-stage companies, according to first quarter data from Pitchbook and the National Venture Capital Association.

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