Projects like the Starship rocket, intended to help colonize other planets, have led SpaceX to seek billions of dollars in funding in recent years.
SpaceX is seeking up to $1.725 billion in new funding, CNBC reported Sunday, in a move that could cement the aerospace firm as one of the most valuable U.S. startups as it looks for capital for projects like its Starship rocket and Starlink satellite internet service. On Thursday, Insider reported that SpaceX had paid a $250,000 settlement to a former company flight attendant to resolve allegations of sexual misconduct against CEO Elon Musk.