
According to Crunchbase, the Hawthorne, California-based company had raised $250 million in November through a debt financing in which Bank of America (BAC) was the lead investor and SpaceX has raised a total of $2.2 billion in funding over 17 rounds as of November 2018. Google and Fidelity had invested in SpaceX in January 2015 through a Series G funding.
After Tesla reported its third quarter earnings in October, the Scottish private equity firm Baillie Gifford stated that it would invest more money into Tesla if CEO Elon Musk requires it.
It’s worth noting that SpaceX scrubbed its GPS launch Tuesday morning. The GPS, which was scheduled to launch at 9:30 AM ET, was halted a few minutes before the launch. SpaceX tweeted that the hold was due to an out of family reading on first stage sensors and the launch is scheduled on Wednesday morning.
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