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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