Space Exploration Technologies Secures $1,000,000,000 New Financing Round

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=4635d6d2-cb94-4590-9c70-c6d803de2f85
Date
1/21/2015
Company Name
Space Exploration Technologies
Mailing Address
1 Rocket Rd. Hawthorne, CA 90250 USA
Company Description
SpaceX aims to change this paradigm by developing a family of launch vehicles which will ultimately reduce the cost and increase the reliability of space access by a factor of ten. Coupled with the newly emerging market for private and commercial space transport, this new model will re-ignite humanity’s efforts to explore and develop Space.
Website
http://www.spacex.com
Transaction Type
Venture Equity
Transaction Amount
$1,000,000,000
Transaction Round
Undisclosed
Proceeds Purposes
This funding will be used to support continued innovation in the areas of space transport, reusability, and satellite manufacturing.
M&A Terms
Venture Investor
Venture Investor