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Benzinga
Benzinga
Business
Alan Farley

Lift Off! Why Investors Are Pumping Billions into America's Space Tech

Musk: Only SpaceX Delivers Safely, Cheaply

Space startups in the U.S. attracted massive investment in the second quarter, according to a report from venture capital firm Seraphim Space. 

The report cites an improved outlook for U.S. defense spending drove a $3.1 billion spending spree, generating one of the strongest funding quarters on record for the group. Early-growth Series B and Series C funding rounds comprised 65% of total investment, a record.

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