SpaceX is raising half a billion dollars in new funding, as Elon Musk company continues work on three ambitious projects.
SpaceX's sixth Starlink launch is scheduled for Sunday, vice president Jonathan Hofeller said at the Satellite 2020 conference in Washington, D.C. The company will launch another 60 Starlink satellites on this mission, adding to the 302 satellites its launched already.
Hofeller's division of SpaceX has been ramping up its efforts in recent months, with Starlink production increasing so that the company can get the network up and running.While SpaceX expects it will cost about $10 billion or more to build the Starlink network, Hofeller said the company's fundraising so far has largely not been directed to the Starlink division, as "we've been able to fund the development of Starlink primarily from our internal businesses.
"That's why, in general, we've been very quiet about what we're doing because we don't need to go out and raise money for this particular venture," Hofeller said.
Norge Siste Nytt, Norge Overskrifter
Similar News:Du kan også lese nyheter som ligner på denne som vi har samlet inn fra andre nyhetskilder.
SpaceX Successfully Lands 50th Rocket In 5 YearsThe commercial rocket company sent its 'Dragon' capsule from Cape Canaveral to the International Space Station on Friday for its 20th resupply mission. It's due to arrive at the space station Monday.
Les mer »
SpaceX launches space station supplies, nails 50th rocket landingSpaceX successfully launched another load of International Space Station supplies for NASA late Friday and nailed its 50th rocket landing.
Les mer »
StandUp Ventures holds final close, secures $21 million for women-focused fund | BetaKitStandUp Ventures, the firm investing in women-led companies, has held the final close for its initial fund, bringing in around $3.5 million in new capital.
Les mer »
Saudi Arabia to hike oil output above 10 million barrels per day in April after OPEC+ deal collapseSaudi Arabia, the world's top oil exporter, plans to raise its crude oil pr...
Les mer »
Italy Sets Mandatory Quarantine For 16 Million People In Region Including Milan, VeniceWeddings and funerals will also be banned; movie theaters, gyms and bars will be shut down until April 3.
Les mer »