SpaceX Raises $337 Million at more than $100 Billion Valuation

SpaceX is an aerospace manufacturer and space transportation and communications services corporation. The company’s goal is to reduce space transportation costs and to enable Mars colonization. Among the company’s products are Falcon 9, Falcon Heavy launch vehicles, Dragon cargo, Starlink communications satellites.

Among the company’s investors are Alphabet Inc. and Fidelity Investments. Since its foundation, SpaceX raises approximately $7.4 billion. In August 2020, in the biggest investment round the company raised $1.9 billion.

SpaceX, the USA, was founded by Elon Musk in 2002. In 2008, the first Falcon 1 was launched. Falcon 9 and Dragon cargo were launched in two years. In 2020 the first private space vehicle Crew Dragon was launched with 2 astronauts on board. Now the company presented the Starship prototype, it became the highest rocket in the world. Since the beginning of the year, the company’s valuation has increased by 33%. “…It’s about believing in the future and thinking that the future will be better than the past. And I can’t think of anything more exciting than going out there and being among the stars.”, Elon Musk, CEO.

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