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Tech News United States Sep 8, 2026

Stoke Space closes first $1B of Series E for fully reusable rocket

Stoke Space announced an initial $1 billion close of its Series E on September 8, 2026, with Point72 Ventures and Spark Capital involved, bringing total funding to about $2.3 billion. The company is developing a fully and rapidly reusable orbital launch vehicle.

Why this matters for founders

Continued mega-rounds into launch capacity point to falling long-run orbital costs; space, geospatial and connectivity founders can plan roadmaps around more frequent, cheaper access to orbit.

Source: Tech Startups

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