Impulse Space, founded by the first employee of SpaceX, has completed a $500 million Series D funding round.
The space infrastructure company, established by Tom Mueller, SpaceX’s first employee, secured this massive funding with lead investments from 137 Ventures and BANNER VC, achieving a post-money valuation of $4.26 billion.
Why it matters: The substantial funding received by this space company, created by former core SpaceX team members, indicates a significant influx of capital into the commercial space infrastructure sector, aligning well with SpaceX's upcoming trillion-dollar IPO.
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