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DocM    15,530

SpaceX Funding Round #18

 

Manager: Baillie Gifford  Investments, Scotland. BG owns 7.5% of Tesla.

 

Amount: $500m

Valuation: $30.5 billion

Purpose: StarLink

 

Rounds 1-17 raised $2.2 billion.

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Draggendrop    5,747

This is the $500 M reduced from the $700M just a short time ago.

 

This was kept internal...hence only $200 M out on investment hunting.

 

Initially reported by the WSJ, "paywalled" but here...

 

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

https://www.wsj.com/articles/elon-musks-spacex-is-raising-500-million-in-funding-11545142054

 

and here...

 

SpaceX raising $500 million to help build satellite broadband network

http://SpaceX raising $500 million to help build satellite broadband network

 

This is Starlink investment for proposed June 2019 initial launch salvo from F9's to get a preliminary network running by 2020.

 

This is only one of many rounds, primarily for initial costs...the final estimate of constellation cost is $10B.

 

I'll put the data in the Starlink thread. 

 

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DocM    15,530

This spring we have two  Falcon Heavy launches,

 

March: ArabSat-6 commsat

 

April: USAF STP-2, a collection of smallsats and a solar sail

 

Same boosters for both missions; one is at McGregor for testing,  and the second is on its way.

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Draggendrop    5,747

 

 

This place has gotten a tad busy the last little bit.....

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DocM    15,530

It'll get a lot busier once they assemble Cranezilla.

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Draggendrop    5,747

 

 

 

Dvh2QJoVsAA8Q4I.jpg

 

 

Dvh2R1xU8AEp_Pi.jpg

 

 

Dvh2SODVYAIFrzJ.jpg

 

 

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Skiver    1,933

I did see this picture of the goals we may see Space X hit this year and rough timelines against them. All going well, this will be another great year for them.

 

nob7ai35nt721.jpg?width=1024&auto=webp&s

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Draggendrop    5,747

It will be a good year...and the above image does not show their normal launch manifest, development of Boca Chica, development of the new Starship factory in LA,  test stands at Macgreger, Raptor development, Florida pier facilities and visitor center work or the possible restart  of the new ASDS  again.

 

Buckle up!

 

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DocM    15,530
Posted (edited)

Equidate reports SpaceX's latest funding round has so far raised its valuation to $30.5 billion at $186 per share. About in line with AirBnB.

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flyingskippy    152

This parody had never cracking up!

 

 

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DocM    15,530

Funny 😁

 

Soooo....close!

 

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DocM    15,530

The first Falcon Heavy Block 5's  side booster on the test stand at McGregor, this one for ArabSat-6. 

 

In the background is the new "upper stage" engine test stand, assumed to be for Starship engine tests.

 

 

Adjusted for haze

IMG_20190110_101644.thumb.jpg.01d5571722822160ca13c584b2a262d2.jpg

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Beittil    536

Not per se, just long overdue if you ask me. They just don't need that much production staff anymore to crank out engines and boosters... 

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+rdlenk    132
27 minutes ago, Beittil said:

Not per se, just long overdue if you ask me. They just don't need that much production staff anymore to crank out engines and boosters... 

I wish this was more the case but it really isn't. Overall the cuts are not great and we are losing some good people and certainly not just limited to production. 

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DocM    15,530

I would think those hired to develop & build a huge composite launch system with ablative TPS are no longer needed given Starship and Super Heavy's transition to stainless steel and an active TPS.

 

They also need to free up payroll for StarLink etc. hires. 6 pages of openings on the Careers page.

 

Also, if they're like many other companys they periodically "cull" those with the lowest personnel review scores, often several percent.

Edited by DocM

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DocM    15,530

This Israeli lunar lander is a secondary payload on the F9: PSN VI/Nusantara Satu mission for Indonesia's PT Pasifik Satelit Nusantara.

 

 

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Unobscured Vision    2,612

Yep, this is gonna be a neat one. :yes: 

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