Billionaire Elon Musk’s SpaceX has raised about $1.16 billion in equity financing over the last two months, the private rocket company said in an amended regulatory filing on Wednesday, April 14.
The filing comes after SpaceX, whose investors include Alphabet Inc and Fidelity Investments, in February disclosed that it raised about $850 million, which had reportedly lifted its valuation to about $74 billion.
The private space company had raised $1.9 billion in August in its largest single fundraising round, according to financial software and data provider PitchBook.
In February, a prototype of SpaceX’s Starship rocket, SN9, blew up on its final descent, like SN8 before it. The SN9 was a test model being developed to carry humans and 100 tons of cargo on future missions to the moon and Mars.
Following this, the U.S. House of Representatives Transportation and Infrastructure Committee said last month it was investigating a SpaceX commercial space launch that regulators determined violated U.S. safety requirements and its test license.
Musk, who also leads several futuristic companies, including Tesla Inc, Neuralink and Boring Co, said last month SpaceX will be landing its Starship rockets on Mars well before 2030.
Is Elon Musk’s Favorite Meme Cryptocurrency the Next Bitcoin?
It started as a joke, but now the joke appears to be on the people who didn’t take Dogecoin seriously. The meme-cryptocurrency Elon Musk wouldn’t stop tweeting about has reached an all-time high. According to Coindesk, it has risen to 70.22% in the last 24 hours – the highest ever recorded. Currently (at the time of writing this article) Dogecoin’s value is $0.122680, or almost 12 cents. The market cap of DogeCoin — which started as a joke and is literally classified as “a memecoin” — is currently over $14 billion. This is the highest-ever for the cryptocurrency, and the result of a semi-ironic movement that’s involved thousands of buyers, tens of thousands of online posters and the world’s richest man, Elon Musk.
In early January, each token was worth less than one cent. In late January, when both the GameStop and DogeCoin movements hit their stride, the value of DogeCoin shot up to 7.5 cents, well over a 10-magnification, before sliding down to 2.5 cents. The coin has spent the past few months in the three- to seven-cent range. On Sunday, its price began to rise, from around six cents, before it smashed the 10-cent milestone, reports CNET.
Tesla CEO, SpaceX boss and currently world’s richest person, Elon Musk had announced that he “bought some Dogecoin for lil X, so he can be a toddler holder.” Dogecoin surged as much as 16% following the tweet, spiking from $0.069 to $0.08.
The Shiba Inu-themed digital coin surpassed 8 cents for the first time, just a week after crashing to 2.5 cents and sparking an outcry on Reddit. It rose 53 per cent in the last 24 hours to 8.2 cents, breezing through its recent record of 7.8 cents posted in late January.