Impulse Space raises $500 million at $4.26 billion valuation as space investing surges

Image for article Impulse Space raises $500 million at $4.26 billion valuation as space investing surges
News Source : Yahoo Entertainment

News Summary

  • Impulse Space says it has raised $500 million in a Series D funding round.
  • The funding round values the ‌company at $4.26 billion, according to a person familiar with the matter.
  • The company was founded by Tom Mueller, SpaceX's first employee.
  • Mueller led development of rocket engines that helped turn Elon Musk's company into the world's dominant launch provider."Launch has pretty much been solved.
  • The challenge now is getting everywhere else beyond low Earth orbit," Mueller said.

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