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Elon Musk Raising $500 Million for SpaceX Projects

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Elon Musk's company SpaceX is said to be raising about $500 million for its ambitious projects. As of now, goals of SpaceX include launching the Starlink global satellite-internet network, colonizing Mars using a huge spaceship, and creating the world's fastest transportation system. According to Musk, the BFR spaceship used in the system can fly more than 4.6 miles per second, which is more than 12 times as fast as the now-retired supersonic Concorde jets. A new estimate by Equidate suggests SpaceX is now valued at around $27.5 billion.

Added on the 13/04/2018 14:31:04 - Copyright : Wochit

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