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.
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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