According to reports, TeslaCEO Elon Musk (Elon Musk)’s space exploration technology company SpaceX said in a document submitted to the U.S. Securities and Exchange Commission (SEC) today that the company has raised approximately $1.16 billion through equity financing.
In February of this year, SpaceX completed a new round of equity financing of US$850 million, so that the company’s market valuation soared to around US$74 billion. People familiar with the matter said at the time that SpaceX raised the funds at a price of $419.99 per share.
The latest documents submitted by SpaceX today show that on the basis of the previous financing of US$850 million, another US$314 million has been raised through equity financing, bringing the total amount of this round of financing to approximately US$1.16 billion.
Analysts said that investors’ strong demand for SpaceX shares is mainly due to its ambitious “Starship” and “Starlink” projects.
“Interstellar spacecraft” is the next-generation rocket being developed by SpaceX. Its design power is even stronger than the “Saturn 5 carrier rocket” that sends astronauts to the moon. According to SpaceX’s plan, the “interplanetary spacecraft” will eventually replace its main rocket “Falcon 9” and carry out cargo missions, which will eventually carry astronauts to the moon and Mars.
Starlink is a global satellite network, and SpaceX plans to use it to provide high-speed Internet services to users in remote areas of the world. Currently, SpaceX has provided testing services in specific regions in the United States, Canada and the United Kingdom. SpaceX President Gwynne Shotwell (Gwynne Shotwell) recently stated that “Starlink” can achieve “global connectivity” within a few months, and it will be able to provide satellite Internet services to the world.