Elon Musk’s SpaceX Is Raising $500 Million in Funding

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Elon Musk's SpaceX is set to raise $500 million at a $30.5 billion valuation, in a bid to get a satellite internet service off the ground

 

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The latency of such a satellite-based service is going to be 'not preferred' by most. Look at what Hughes offers, it's pretty bad.

When does the borrowing ever stop? He uses others money on everything! Conartist

This is awesome news, 500 million is peanuts compared to the prophets they will be getting from the constellation

Someone blowing coke up Elon’s arse with a straw in that photo.

Can I buy some shares? 😂

My guess is that he wants to raise before march 😉

People mentioning that they wouldn’t give this man a dime... I’m guessing y’all didn’t hear that every loan he took for Tesla he paid in full WITH INTEREST.

The CON continues, banks profit, elonmusk profits, corporate welfare continues- this is not capitalism, its a Ponzi scheme

Musk is certainly a genius at raising money and spending

Wouldn't give them a 'dime'

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