The raise, detailed in a SEC filing, is the largest in the company’s 18-year history, and gives Elon Musk’s literal moonshot an equity value of US$46 billion. Existing investor Fidelity Investments was one of the largest participants, according to Bloomberg. (The Logic, Bloomberg)
Talking point: The raise suggests that the company’s successful return from the International Space Station loosened the purse strings—and underscores NASA’s efforts to make space travel an affair of private enterprise as it focuses on returning to the Moon and, if all goes well, Mars.