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.
— Prime Unicorn Index (@PrimeUnicornIDX) April 11, 2019
SOURCES – Prime Unicorn, Teslarati, SpaceX FCC submission, Twitter
Written By Brian Wang, Nextbigfuture.com
Brian Wang is a Futurist Thought Leader and a popular Science blogger with 1 million readers per month. His blog Nextbigfuture.com is ranked #1 Science News Blog. It covers many disruptive technology and trends including Space, Robotics, Artificial Intelligence, Medicine, Anti-aging Biotechnology, and Nanotechnology.
Known for identifying cutting edge technologies, he is currently a Co-Founder of a startup and fundraiser for high potential early-stage companies. He is the Head of Research for Allocations for deep technology investments and an Angel Investor at Space Angels.
A frequent speaker at corporations, he has been a TEDx speaker, a Singularity University speaker and guest at numerous interviews for radio and podcasts. He is open to public speaking and advising engagements.