Latest / Elon Musk Podcast / Elon Musk's SpaceX is raising $750 million in new funding valuing the company at $137 billion

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Elon Musk's SpaceX is raising $750 million in new funding valuing the company at $137 billion · Elon Musk Podcast

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  If you look for it every day, has cause for celebration
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  celebrated friend for their promotion, baby wedding, life
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  thing celebrate yourself for keeping the couch warm.
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  It's no easy feat, especially if it's a big couch, or maybe you
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  without leaving, set couch. So, download the drizzly app or
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  favorite drinks delivered today. SpaceX.
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  The reusable rocket maker and satellite.
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  Internet company, founded by Elon Musk is reportedly raising
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  750 million dollars in a new funding round the values.
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  The company at 137 billion dollars in the route, is
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  expected to be led by Anderson Horwitz a 16z, which also
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  participated in musk's leveraged buyout of Twitter in late
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  October of 2022. In this latest round follows a
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  successful year for SpaceX during which the company a
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  achieve several milestones and raise more than two billion
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  dollars including a 250 million dollar round in July.
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  Now SpaceX is satellite internet service, starlink has exceeded 1
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  million subscribers and provided a much-needed Lifeline to users
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  and Ukraine following infrastructure.
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  Disruptions caused by the Russians invasion.
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  The company also managed to suppress the company also
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  managed to surpass 60 reusable rocket launches in a single year
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  through its Falcon program. And while the Starship program,
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  which is part of NASA's efforts to bring astronauts back to the
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  moon face, delays SpaceX has continued development of its
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  Starship and super heavy launch Vehicles.
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  Edit Starbase facility in Texas, it is currently unclear when the
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  company will move on to the next phase of the program, which
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  involves an An orbital launch test of these larger vehicles.
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  And despite these successes SpaceX and must have faced some
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  challenges and controversy in recent years, as the CEO of both
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  SpaceX and Twitter musk is frequently made headlines for
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  his comments on social media. In light of this NASA,
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  administrator Bill Nelson recently, as SpaceX president
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  and CEO. Oh Gwynne, Shotwell whether musk
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  distraction as the owner, and CEO of Twitter might affect
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  spacex's work with the space agency.
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  Shotwell reportedly reassured Nelson, that it would not
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  interfere. We're currently NASA is
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  considering whether SpaceX can assist in the rescue of
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  residents on the International Space Station, including an
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  astronaut and two cosmonauts with Russia's roscosmos.
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  And this follows a coolant leak in Russia's soyuz capsule which
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  is under investigation to determine if the spacecraft has
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  safely returned to the crew home or if emergency measures will
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  need to be taken. If NASA decides to go ahead with
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  a rescue mission using SpaceX, it would Mark a significant
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  milestone for the company which Has a long history of
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  collaboration with the space agency.
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  SpaceX was founded in 2002 with the goal of reducing space,
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  Transportation costs and enabling the colonization of
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  Mars. And since then the company has
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  made significant progress towards those objectives.
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  Watching numerous successful missions to deliver cargo and
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  crew to the ISS and employing hundreds of satellites into
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  orbit in 2020. SpaceX became the first private
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  company to send astronauts to the ISS a feat that was
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  previously only available. She used by government agencies,
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  the company's success has not gone unnoticed and it is
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  attracted the attention of high-profile investors.
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  Such as Founders fund, Sequoia and Giga font in May of twenty
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  twenty-two SpaceX was valued at 127 billion dollars during an
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  equity round and the company's valuation has continued to rise
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  since them with the latest funding round, which values the
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  company at 137 billion dollars SpaceX solidifies, its position
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  as a major Ager player in the space industry.
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  In addition to its work with NASA and it said, like internet
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  service SpaceX is also actively working on developing.
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  Its Mars. Colonization plans musk has
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  stated that, he believes it is possible to establish a human
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  settlement on Mars within the next decade and SpaceX is
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  working towards this goal through the development of its
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  Starship spacecraft in despite the challenges and setbacks that
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  SpaceX has faced the company remains a leader in the space
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  industry and continues to push the boundaries of what is
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  possible. Sybil with its innovative
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  technology and ambitious. Goals SpaceX is positioned to
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  continue its successful trajectory in the years.
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  Ahead, investors in SpaceX are betting on a star's.
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  Link, IPO spin off down the road.
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  So the valuation of the company is now a hundred and thirty
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  seven billion dollars and more than likely, it's attributed to
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  starlink which supplies broadband internet access to
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  rural areas which are not normally covered by
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  Communications. Companies.
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  interesting about SpaceX and their starship mission is that
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  they will be sending something to Mars and their first trip.
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  Now we're not exactly sure what that is.
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  But NASA has been working on Mars for decades and on the red
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  planet there's currently Rovers that are Taking samples of the
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  surface of the red planet. Now recently, the Mars
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  exploration program said that a titanium tube.
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  Containing a rock sample is resting on the red planet
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  Surface, after being placed there, on December 21st by
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  NASA's perseverance, Mars, Rover and over the next two months,
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  the Rover will deposit a total of ten tubes at the location,
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  called Three Forks in this building Humanity's first sample
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  Depot. Another planet, and the depot
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  makes a historic, early step in the Mars sample, return
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  campaign. Now, perseverance has been
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  taking duplicate samples from Brock targets.
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  The mission selects in the Rover, currently has over 17
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  samples taken so far in its belly.
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  And based on the architecture of the Mars sample return campaign,
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  the Rover would deliver samples to a future robotic Lander.
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  The later would, in turn is a robotic arm to place the samples
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  in a containment caps. All Aboard a small rocket that
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  would blasts off to Mars orbit. We're another spacecraft would
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  capture the sample container and return it safely to earth.
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  Now, the depot will serve as a backup if perseverance can't
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  deliver it samples. In that case, a pair of sample
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  recovery helicopters would be called upon to finish the job.
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  The first sample, the drop was a chalk size core of igneous, rock
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  informally named Mel a, which was collected on January 31st.
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  Of 2022 in a region of Mars j0, crater called South setae, and
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  perseverance complex. Sampling and caching system took
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  almost an hour to retrieve the tube from inside the Rover's
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  belly and view it. One last time with its internal
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  cash Cam and drop the sample. Roughly three feet onto a
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  carefully, selected patch of the Martian surface.
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  Now, this could all come into play when SpaceX sends the First
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  humans to Mars on a Starship. Now, they're going to be
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  collaborating with NASA on a lot of the technology and a lot of
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  the engineering that will go into this Mission.
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  These first sample returns will show exactly what the surface of
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  Mars is like right now we do have some readings from other
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  robots in the past, but when this comes back down to earth,
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  we can sample it, and we can study it.
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  Like, we have the moon dust, and the moon rocks that the Apollo
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  Astronauts have brought. Back from the lunar surface.
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  Now, SpaceX wants to build habitats on the Mars surface and
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  they want to also send a Starship there.
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  But in order to set a Starship, they have to know the
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  composition of the land that they will be landing the
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  Starship on. And this is a huge improvement
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  from what we already know from the past Rovers on Mars and the
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  overall mission for the perseverance Rover, that's
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  taking the samples is estro biology including the search.
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  Signs of ancient microbial life in the Rover, will characterize
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  the pinus, geology, and past climate and pave the way for
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  human exploration of Mars, and be the first mission to collect
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  and cash, Martian, Rock and regolith, which is broken, rock,
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  and dust, and subsequent. NASA missions.
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  In cooperation with Europe, would send spacecraft to Mars to
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  collect these sealed samples from the surface in three, turn
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  them to Earth for in-depth analysis.
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  Hey, thanks for Earning if you enjoyed this episode, make sure
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  to hit the Subscribe button, on whatever podcast platform that
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  it's going to help me grow the channel.
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  So I can bring you more news every single day so that's about
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  it for this one. Take care of yourselves and each
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  other and I'll see you next time.