According to the report made by Wall Street Journal, Elon Musk’s company SpaceX Corporation is planning to hold a fundraiser with the estimated goal of 500 million dollars. The raised assets will be spent on the satellite program of the company which aims to spread high-speed Internet in the distant areas all over the world.
Meanwhile, the satellite system, Starlink, is just an intermediary step towards the ultimate goal of Elon Musk – launching a rocket which will transport people to Mars and back.
The funds are going to come from all existing investors of SpaceX, joined by the major investor of Musk’s Tesla, Baillie Gifford & Co. The price of the share during the fundraiser is going to be 186 dollars.
We remind you:
Subscribe to The Coin Shark news in Facebook: https://www.facebook.com/coinshark/