Planning a mars mission, a global telecommunications network for inexpensive internet service, and creating an interplanetary hedge against world war three isn’t cheap, so it’s no wonder that SpaceX is closing on $500 million in new cash through a financing round led by Fidelity, according to multiple sources with knowledge of the round. Responding to clamoring […]
View More SpaceX is making big money movesCategory: SpinLaunch
Stealth space catapult startup SpinLaunch is raising $30M
What if instead of blasting cargo into space on a rocket, we could fling it into space using a catapult? That’s the big, possibly crazy, possibly genius idea behind SpinLaunch. It was secretly founded in 2014 by Jonathan Yaney, who built solar-powered drone startup Titan Aerospace and sold it to Google. Now TechCrunch has learned from three sources that SpinLaunch is raising a massive… Read More