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SpaceX raised more than it sought in first 2020 funding round

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The SpaceX Falcon 9 rocket and Crew Dragon capsule stand upright on the launchpad at NASA’s Kennedy Space Center ahead of the Demo-2 launch.

SpaceX raised $346.2 million in its most recent funding round, filings with the Securities and Exchange Commission reveal.

Elon Musk’s space company on Tuesday filed an amendment to its previous funding raise, just a day before SpaceX plans to launch astronauts for the first time, in a mission called Demo-2 for NASA that is scheduled to lift off on Wednesday. The mission will be the first launch of NASA astronauts from the U.S. since 2011, with Musk and President Donald Trump planning to be there in person to watch the launch.

SpaceX’s most recent…



Source cnbc.com

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