Onlookers in Seoul, South Korea watched SpaceX launch the nation's first lunar orbiter on August 5, 2022. Now a South Korean investment firm is pouring millions into the rocket startup.The $250 million extension to SpaceX’s last funding was led by a group of previously unidentified investors led by a firm from South Korea, sources tell Forbes.struggle to justify sky-high private market valuations, SpaceX remains a rocket ship, quadrupling in value over the last three years.
SpaceX reported the funding extension in an August 5 regulatory filing that confirmed the investment sum and listed five unidentified investors. That sum, without any investor names, was first reported on Friday. SpaceX and the investors could not be immediately reached for comment on Thursday. Mirae’s involvement was confirmed by an additional source.
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Australian, South Korean Investors Pour More Cash Into SpaceX At $125 Billion Price TagSouth Korea’s Mirae Asset and Australia’s QIC were behind a $250 million cash injection into SpaceX, sources tell Forbes, maintaining SpaceX's recently-set valuation at $127 billion. Scoop by alexrkonrad and DurotMatthew
Source: ForbesTech - 🏆 318. / 59 Read more »
Exclusive: Europe eyes SpaceX to fill launch void left by Russian tensionsThe European Space Agency (ESA) has begun preliminary technical discussions with Elon Musk's SpaceX that could lead to the temporary use of its launchers after the Ukraine conflict blocked Western access to Russia's Soyuz rockets.
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SpaceX Starlink satellites face Russia space debris 'squalls' in orbit: reportElizabeth Howell, Ph.D., is a staff writer in the spaceflight channel since 2022. She was contributing writer for Space.com for 10 years before that, since 2012. As a proud Trekkie and Canadian, she also tackles topics like diversity, science fiction, astronomy and gaming to help others explore the universe. Elizabeth's on-site reporting includes two human spaceflight launches from Kazakhstan, three space shuttle missions in Florida, and embedded reporting from a simulated Mars mission in Utah. She holds a Ph.D. and M.Sc. in Space Studies from the University of North Dakota, and a Bachelor of Journalism from Canada's Carleton University. Elizabeth is also a post-secondary instructor in communications and science since 2015. Her latest book, Leadership Moments from NASA, is co-written with astronaut Dave Williams. Elizabeth first got interested in space after watching the movie Apollo 13 in 1996, and still wants to be an astronaut someday. just destroy all russian satellites and it will be ok. Why? Why can we not get along Russia and Iran play nice. It is a likely Russian move to blunder into overreactions like this and 'accidentally' try to wipe out Starlink without understanding the redundancy in SpaceX coverages and creating clouds of high velocity debris that will endanger everyone's space operations. SpaceX scares Putin
Source: SPACEdotcom - 🏆 92. / 67 Read more »
SpaceX denied nearly $900M in broadband subsidiesAs part of the same announcement, the FCC also said it’s denying a $1.3 billion award earmarked for LTD Broadband, citing the fact that the internet service provider failed to obtain proper s…
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New Development Is Extremely Bad News for SpaceXThe Federal Communications Commission recently announced that Elon Musk's space venture won't receive the almost $900 million in promised subsidies. “Trouble is a friend…No matter where you go, no matter if you are fast or slow”😺 Ouch.
Source: futurism - 🏆 85. / 68 Read more »
Watch SpaceX test fire its next-gen Super Heavy rocket | Digital TrendsSpaceX has this week been conducting the first test fires of its next-generation SuperHeavy rocket that's destined for missions to the moon, Mars, and beyond.
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