Following a signed agreement between SpaceX and NASA, the government agency is considering SpaceX as an emergency return option for the ISS crew.
Elon Musk’s SpaceX is about to receive financial backing from Saudi Arabia and Abu Dhabi investors in a new funding round. This follows an equity funding round in May 2022, which generated about $1.7 billion and reached a $127 billion market worth. At the same time, the company was positioned to be the US most valued startup with more than $125 billion valuation. Fast forward to July 2023, the company secured an additional $250 million.
SpaceX is Planning Multibillion-dollar New Funding Round
According to people with knowledge of the matter, the backers include a subsidiary of Saudi Arabia’s investment fund and an Abu Dhabi investment firm.