SpaceX, trying to get Starship into orbit, raising another $750M

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SpaceX, trying to get Starship into orbit, raising another $750M
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SpaceX, trying to get its Starship into orbit from South Texas, set to raise another $750 million

, the California-based space company raised more than $2 billion in 2022, including a $250 million round in July, and was valued at $127 billion during an equity round in May.

Starship also is part of NASA’s Artemis program aiming to return astronauts to the moon. And it’s key to expanding the company’s Starlink network of communication satellites. SpaceX had continued to conduct suborbital rocket tests while awaiting completion of an environmental review of launch impacts, debris and road closures in and around Boca Chica. The review, needed before the Federal Aviation Administration could issue a license for an orbital mission from Starbase, was extended five times from its original deadline in December 2021.

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