SpaceX Raises 1 Billion In A Financing Round With Google And Fidelity
SpaceX Raises 1 Billion In A Financing Round With Google And Fidelity SpaceX Raises $1 Billion In A Financing Round With Google And Fidelity The total investment of the two companies is one billion dollars, which SpaceX says means that �Google and Fidelity will collectively own just under 10% of the company.� That gives the space startup a total valuation of over $10 billion. According to SpaceX, this �funding will be used to support continued innovation in the areas of space transport, reusability, and satellite manufacturing.� SpaceX today confirmed yesterday�s reports that it has embarked on a new round of fundraising. The round includes two new investors, Google and Fidelity investments. CEO Elon Musk announced earlier this month that the company is going to be investing in a satellite internet startup to provide high-speed internet to people on Earth, and also provide the backbone for the internet to eventually reach Mars. That announcement came shortly aft...