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Illustration: Aïda Amer/Axios

SpaceX, the aerospace company led by Elon Musk, raised $1.9 billion in new equity funding, per an SEC filing.

Why it matters: This reflects the immense costs of space travel, particularly when the ultimate destination is Mars. No new investors were disclosed. Bloomberg previously reported that the round, which could still grow, would value SpaceX at around $44 billion.

Go deeper

Dan Primack, author of Pro Rata
Nov 16, 2020 - Economy & Business

Airbnb files for its long-awaited IPO

Illustration: Aïda Amer/Axios

Airbnb on Monday filed for a $1 billion initial public offering, which is expected to price in December.

Financials: Airbnb reports nearly a $700 million net loss on $2.5 billion in revenue for the first nine months of 2020, versus a $322 million net loss on $3.7 billion in revenue for the year earlier period. But it also reports $219 million in profits for the third quarter of 2020, as bookings rebounded.

Miriam Kramer, author of Space
Nov 17, 2020 - Science

Crewed SpaceX capsule docks to International Space Station

Two crewmembers using the tablets inside the Crew Dragon as it is docked to the ISS. Photo: NASA TV

The International Space Station has four new crewmembers delivered to the orbiting outpost care of SpaceX.

Why it matters: This mission marks the first fully operational flight of the Crew Dragon and ushers in a new era of regular, human missions to orbit operated by SpaceX for NASA.

Texas Republicans pass new congressional maps in their favor

Photo: Matthew Busch/Bloomberg via Getty Images

The Texas House voted 84-59 late Monday to approve new congressional district maps that reduce the number of districts with Black and Hispanic majorities, per the Texas Tribune.

Why it matters: The legislation comes after recent census figures found Texas' growing diverse population doesn't bode well for Republicans, who then worked to protect incumbents with the redrawn maps.

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