Saudi Arabia and the UAE plan to invest billions of dollars in Elon Musk’s US private space company SpaceX. Reported by this portal Information.
According to the publication’s source, the investments must come from Badeel, which is part of the Saudi Arabian State Fund. The other sponsor will be Alpha Dhabi from UAE. They are planning a “billion dollar funding round” for Musk’s company. Funding for SpaceX will be provided through Morgan Stanley.
SpaceX was founded in 2002. It designs and manufactures the Falcon 1 and Falcon 9 launch vehicles, the Falcon Heavy, Dragon, Crew Dragon and Starship reusable spacecraft. The Starlink satellite communication system was also developed by SpaceX.
March 17 Elon Musk declarationHe said the company will be ready to launch the Starship spacecraft in a few weeks.
In February, it was reported that SpaceX had successfully conducted ground tests of reusable Starship spacecraft boosters.
Starship is a next-generation, super-heavy, fully reusable rocket. According to Musk’s idea, this ship will be used to send people to the Moon and Mars.