Bookmark this story
BloombergEdward Ludlow, Kiel Porter, Loren Grush

Stoke Space seeks $1 billion to accelerate development and production of fully reusable Nova rocket

Stoke Space Technologies is raising $1 billion to advance development and production of Nova, a fully reusable rocket designed to compete with SpaceX, according to people familiar with the matter. The financing would support Stoke’s effort to scale a launch vehicle positioned against SpaceX’s established market presence.

2026-08-13T09:06:13.329557-07:00
Bookmark this story
BloombergCarmen Reinicke

SpaceX Passes First Lockup Expiry Test With $500 Billion Rally

By Bloomberg: Since SpaceX went public in June, Wall Street had been dreading Aug. 6, when the first lockup preventing early investors from selling the stock expired and millions of shares were set to flood the market.

2026-08-13T02:21:27.418634-07:00