SpaceX finished raising $273 million and has now starting raising another $500 million according to Prime Unicorn Index and the Wall Street Journal.
This will be at $204 per share and a $29 billion valuation. Before 2015, SpaceX shares were below $10 per share.
The SpaceX Super Heavy Starship and the Starlink satellite constellation are capital intensive efforts.
SpaceX should be launching new versions of the Starlink satellites that will be simplified operational versions. The first 75 Starlink satellites and their six ground stations will be a nearly full-fidelity second prototype.
SpaceX needs to launch 2200 Starlink satellites over the next five years. They need to place half of the 4400 satellites in their FCC filing to comply with the FCC.
SpaceX should start launching the prototype Starlink satellite constellation starting in May.
SOURCES – Prime Unicorn, Teslarati, SpaceX FCC submission, Twitter
Written By Brian Wang, Nextbigfuture.com
Brian Wang is a prolific business-oriented writer of emerging and disruptive technologies. He is known for insightful articles that combine business and technical analysis that catches the attention of the general public and is also useful for those in the industries. He is the sole author and writer of
nextbigfuture.com, the top online science blog. He is also involved in angel investing and raising funds for breakthrough technology startup companies.
He gave the recent keynote presentation at Monte Jade event with a talk entitled the Future for You. He gave an annual update on molecular nanotechnology at Singularity University on nanotechnology, gave a TEDX talk on energy, and advises USC ASTE 527 (advanced space projects program). He has been interviewed for radio, professional organizations. podcasts and corporate events. He was recently interviewed by the radio program Steel on Steel on satellites and high altitude balloons that will track all movement in many parts of the USA.
He fundraises for various high impact technology companies and has worked in computer technology, insurance, healthcare and with corporate finance.
He has substantial familiarity with a broad range of breakthrough technologies like age reversal and antiaging, quantum computers, artificial intelligence, ocean tech, agtech, nuclear fission, advanced nuclear fission, space propulsion, satellites, imaging, molecular nanotechnology, biotechnology, medicine, blockchain, crypto and many other areas.
