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Space Exploration Technologies Corp. Elon Musk has raised an additional $ 500 million in response to internal questions about the viability of a satellite Internet business considered essential to the growth of the company.
The fundraising, described in a regulatory document last week, comes four months after a similarly sized deal for the private company, which is attempting to accelerate the development of its ambitious satellite, Starlink, as well as work on various rocket and spacecraft projects.
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