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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

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

The DOGE Boys Get VC Funding to Support Their Latest Enterprise

Former members of the so-called Department of Government Efficiency (DOGE) have launched a startup to, they say, bring “DOGE for the private sector.” Their holding company, called Special, has backing from billionaire Marc Andreessen’s venture capital firm a16z and several other former DOGE members. In a post on a16z’s Substack, Nate Cavanaugh and Justin Fox, who led DOGE’s efforts at several government agencies, write that their startup will build “an operating system to transform critical...

Wired 5d ago