SpaceX raised over $1 billion this year as Starlink and Starship ramp up

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Elon Musk

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SpaceX has raised just over $1 billion in financing since the beginning of the year, a filing seen by CNBC revealed on Friday, as the company seeks backing for its daunting plan to provide internet from a network of thousands of small satellites.

The funds are key, as SpaceX just launched the first full mission of its Starlink satellites on Thursday evening. Starlink is the name of the network SpaceX is building, which, once…



Source cnbc.com

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