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Impulse Space raises $500 million at $4.26 billion valuation as space investing surges

Impulse Space raises $500 million at $4.26 billion valuation as space investing surges NEW YORK, June 2 : Impulse Space, a startup building spacecraft that can ferry satellites and other payloads around in orbit after launch, said on Tuesday it has raised $500 million in a Series D funding round. The funding round values the company at $4.26 billion, according to a person familiar with the matter. The company was founded by Tom Mueller, SpaceX's first employee and the propulsion engineer who...

Channel News Asia 8d ago

Unlocking 'the true space age': Impulse Space raises $500 million to build out fleet of ultra-mobile spacecraft

Unlocking 'the true space age': Impulse Space raises $500 million to build out fleet of ultra-mobile spacecraft Impulse Space just got a lot more money to help finance its big ambitions in the final frontier. The California-based company — which was founded in 2021 by propulsion expert Tom Mueller, the first person Elon Musk ever hired at SpaceX — announced today (June 2) that it has raised $500 million in a "Series D" investment round. It will use the funds to scale up the production and...

Space.com 8d ago