SpaceX reportedly seeking over $300M in fresh funding

TechCrunch | 6/27/2019 | Staff
hey13 (Posted by) Level 4
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SpaceX is looking to raise a bunch of new cash – $314.2 million at a per share price of $214, according to a new CNBC report. The raise would be the third total this year, which together added up to over $1 billion in new capital.

Both those filings were revealed in May, so it’s a lot of money to be generating not even halfway through 2019. But SpaceX is also spending a lot, and expanding beyond its existing rocket launch business with new projects that have high costs, including building an all-new reusable spacecraft called the “Starship” and launching a constellation...
(Excerpt) Read more at: TechCrunch
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