logo
logo

Space Exploration Technologies Corp announced it raised $1.72 Billion in an amended filing from an offering of $1.72 Billion

Jun 30, 2022about 3 years ago

Amount Raised

$1.72 Billion

Hawthorne

Company Information

Company

SpaceX

Location

1 ROCKET ROAD

Hawthorne, California, United States

About

The startup aims to decarbonize hard-to-crack industries like steel and ammonia production by focusing on green hydrogen that’s made using renewable power. It was founded by Molly Yang, a Tesla alum who helped lead the Supercharger, residential energy and industrial energy teams, and Colin Ho, who led actuation and power systems for Starship at SpaceX.The company exclusively told TechCrunch that it has raised a $2 million seed round led by Founders Fund, which was joined by Fontinalis Partners, Climate Capital, Yishan Wong and a handful of other angels.

Related People