Hawthorne, CA – According to filings with the U.S. Securities and Exchange Commission, SpaceX is raising $2,066,446,620.00 in new funding. Sources indicate as part of senior management Chief Executive Officer, Elon Musk played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.

About SpaceX

SpaceX designs, manufactures and launches the world’s most advanced rockets and spacecraft. The company was founded in 2002 by Elon Musk to revolutionize space transportation, with the ultimate goal of making life multiplanetary. SpaceX has gained worldwide attention for a series of historic milestones. It is the only private company ever to return a spacecraft from low-Earth orbit, which it first accomplished in December 2010. The company made history again in May 2012 when its Dragon spacecraft attached to the International Space Station, exchanged cargo payloads, and returned safely to Earth a technically challenging feat previously accomplished only by governments. Since then Dragon has delivered cargo to and from the space station multiple times, providing regular cargo resupply missions for NASA.

To learn more about SpaceX, visit http://www.spacex.com/

Contact:
Elon Musk, Chief Executive Officer
310-363-6000

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