COMPANY INFO
Space Exploration Technologies Corp., commonly known as SpaceX, was founded in 2002 by Elon Musk. The company has over 13,000 employees as of 2023 and operates in the space and telecommunications industries. Its website is spacex.com. SpaceX designs, manufactures, and launches advanced rockets and spacecraft, aiming to reduce space transportation costs and enable the colonization of Mars. It is a leading space launch provider, working closely with NASA and the U.S. Armed Forces through government contracts.
Space Exploration Technologies Corp. (SpaceX), founded in 2002 by Elon Musk, is a pioneering company in the space and telecommunications industries. With over 13,000 employees as of 2023, SpaceX designs, manufactures, and launches advanced rockets and spacecraft to reduce space transportation costs and enable the colonization of Mars. The company’s headquarters are located in Hawthorne, California, but it also operates major facilities across Texas, Florida, Washington, and beyond. SpaceX is renowned for its leading role in commercial and government launch services, frequent partnerships with NASA, and innovations like reusable rockets and the Starlink satellite constellation.
Since its inception, SpaceX has demonstrated a remarkable funding trajectory, raising a total of $11.9 billion through more than 30 funding rounds. SpaceX funding history includes major venture capital infusions and milestone rounds that have supported rapid technological development, market expansion, and infrastructure buildout. The company's funding strategy has prioritized both scaling up its manufacturing capabilities and accelerating ambitious projects such as Starship and Starlink, with continued interest from leading global investors and venture capitalists.
This most recent Series J round aimed to advance SpaceX’s technology and scale its operations, with funding supporting both ongoing launch services and the Starlink network expansion.
Raising $1.68 billion, this Series J round was primarily used to fund the expansion of the Starlink satellite internet network and other strategic projects.
One of the largest rounds, these funds targeted growth and expansion of SpaceX’s spacecraft and launch capabilities, fueling development of reusable launch vehicles and interplanetary missions.
This round was dedicated to product development and market expansion, preparing the groundwork for Starlink and new launch technologies.
With backing from both Google and Fidelity Investments, this round focused on technology development and scaling SpaceX’s ambitions in both commercial launches and satellite communications.
A leading venture capital firm that played a central role as a lead investor in the $1.9 billion Series J round, supporting SpaceX’s rapid expansion and capital needs.
Known for high-profile technology investments, a16z led a $750 million Series J round in 2023, fueling SpaceX’s growth in Starlink and launch operations.
This major global investment group joined as a lead investor in a $1.68 billion Series J round, emphasizing the international confidence in SpaceX’s vision.
Tech giant Google participated in the $1 billion Series F round, boosting SpaceX funding for technology development and global expansion, especially for Starlink.
A steadfast early backer, Founders Fund has participated in multiple rounds, helping shape SpaceX’s venture capital strategy and providing critical funding during early growth phases.
Leading several rounds, including Series I and Series F, Fidelity Investments has been integral in providing large-scale financial support for SpaceX's technology roadmap.
As a premier venture capital firm, Sequoia’s investment in SpaceX underscores the company’s position as a top innovator in space technology.
Participated in major fundraising, including the $1B Series F, supporting technology scaling and operational expansion.
These firms have all participated in SpaceX funding rounds, offering a blend of institutional, strategic, and venture capital funding, enabling SpaceX to execute on its bold long-term objectives.
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