Stoke Space secures billion in Series E funding

Stoke Space completed the initial closing of a $1 billion Series E round to reach orbit and develop a larger, reusable rocket. The company aims to rival SpaceX in re-flying rockets, with plans for a debut launch soon.

🐿️ Stoke Space's billion-dollar cash pile shows it's betting big on leapfrogging SpaceX with a larger rocket before even reaching orbit.