SpaceX is looking to raise around $250 million in new funding according to a new report from CNBC's Michael Sheetz. The additional cash would bring SpaceX's total valuation to around $36 billion, according to CNBC's sources -- an increase of more than $2.5 billion versus its most recently
SpaceX founder Elon Musk has been sharing a number of updates about his company's progress on Starship this week. Along with footage of the assembly process of the current "SN1" prototype of Starship, he explained on Twitter some of the other considerations and strategies the company is working with as it works on the new spacecraft and tries to fly it to space this year. Musk said that SpaceX is iterating at a much faster pace with Starship than it has recently with Falcon, as Falcon's design more or less stabilized once it started working consistently.
SpaceX entered into an agreement with Space Adventures, a company that organizes spaceflights for private citizens.