Stoke Secures $260M Series C For Its 100% Reusable Rocket
Stoke Space raised $260M to continue developing its fully reusable Nova rocket and to complete the build out of its launch pad, the company announced yesterday.
Stoke Space raised $260M to continue developing its fully reusable Nova rocket and to complete the build out of its launch pad, the company announced yesterday.
Wednesday’s planned Starship launch may be the seventh test flight of the mega-rocket, but it also represents a couple of important firsts—the first flight of the new and improved second stage and the first time the rocket will attempt to deploy payloads.
Based on publicly available data from 20 launches with published payload mass numbers over the past three years, dedicated customer LEO launches have averaged just 3,370 kg of payload, just 19% of total capacity.
In 2024, US (*ahem, SpaceX*) launch numbers grew, while China, Russia, and Europe plateaued.
Axiom Space is reshuffling its space station module deployment plan at NASA’s request, installing a power module on the ISS in early 2027 before its habitat module.
Space markets surged this year, fueled by robust VC investments in private markets and back-in-vogue space SPACs in the public markets. The good year for space investments is part of a broader bull market, where the prospects of a soft landing have sent speculative stocks soaring.
Hockeystick SPAC charts. Wallstreetbets Reddit page buzz. Short squeezes. Everything to the Moon euphoria.
Space is a nascent market with vast, unbounded potential, where an early-stage startup can become a dominant business integral to the very infrastructure of the space economy for decades to come.
Over the past few weeks—with growing confidence in the Starship program—SpaceX President Gwynne Shotwell and Starbase General Manager Kathy Lueders have been publicly mapping out what to expect from SpaceX and Starship in the coming years.
SpaceX launched Starship on its sixth flight test yesterday but called off its Super Heavy booster catch attempt back at the pad, instead diverting the 233-ft-tall vehicle to a controlled water splashdown in the Gulf of Mexico.
If the last decade marked a revolution in sending mass to space, the next decade will center on bringing mass back to Earth.
Another day, another mega LEO constellation.