SpaceX has raised more than $ 1 billion this year with the rise of Starlink and Starship

SpaceX has raised just over $ 1 billion in funding since the beginning of the year, a document filed by the British television channel, which seeks support for its ambitious plan to provide Internet a network of several thousand small satellites.

The funds are essential as SpaceX has just launched the first full mission of its Starlink satellites Thursday night. Starlink is the name of the network that SpaceX is building and which, when completed, would consist of 11,943 satellites flying near the planet on what is known as a low Earth orbit. Starlink would ultimately be an interconnected satellite Internet network, also known as a "constellation", that transmits broadband Internet anywhere in the world.

SpaceX continues to accelerate its financing activities as SEC filings indicate that the company has solicited $ 500 million in January and $ 400 million in April. The CEO, Elon Musk, said that these series were superabundant in terms of interest to investors.

The filing on Friday, a modification of the documents filed by the company in April, shows that SpaceX has provided more funds than expected. The company has raised $ 1.02 billion since the beginning of the year, more than the $ 900 million requested in both rounds. Gigafund, led by Luke Nosek (PayPal co-founder and SpaceX board member) and Stephen Oskoui, once again invested in the SpaceX tour, told CNBC people familiar with fundraising.

Last week, Musk said SpaceX had "enough capital to reach an operational level" for Starlink. Musk also explained that Starlink was what SpaceX hoped to "generate revenue that could be used to develop more and more advanced rockets and spacecraft".

"We expect to be able to use Starlink revenue to fund Starship," said Musk.

Earlier this year, Musk said that SpaceX "must be incredibly spartan with spending" because of Starlink and its other "absolutely crazy" project, Starship. The latter is the giant rocket that SpaceX builds to send humans and cargo to Mars.

Musk said that SpaceX's launch revenue would probably reach $ 3 billion a year, but that Internet service revenues potentially represent "more than $ 30 billion a year."

"The total Internet connectivity business worldwide is about $ 1 trillion and we think we can access about 3%" with Starlink, Musk added.

The additional funding for SpaceX comes after Tesla de Musk raised $ 2.7 billion worth of stocks and bonds earlier this month. While SpaceX was collecting money to fund its growth, Tesla's fundraiser was launched at the invitation of Musk to have its employees take extreme measures to control the costs of the electric vehicle manufacturer. Tesla's stock has struggled, recording a decline of over 42% this year and worth less than $ 200 per share for the first time in nearly three years.

– CNBC Lora Kolodny contributed to this report.