Key Takeaways
- SpaceX is reportedly raising $750 million in a new funding round that values the company at $137 billion.
- It comes as Founder and CEO Elon Musk comes under pressure from shareholders as Tesla’s stock price falls almost 70% in 2022.
- The new investment is expected to help push forward on development of the Starship program, which is expected be used to launch the first manned mission to Mars.
Elon Musk has been in the news for all the wrong reasons lately. He’s not a guy that shies away from the limelight, but generally speaking the coverage he receives is overwhelmingly positive.
Many consider him to be one of the greatest entrepreneurs ever, and love his sense of humor and crazy approach to life. Whether it’s making plans to colonize Mars, joking about Dogecoin or building outlandish robots and cars, he’s a bit of a meme magnet.
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