Stoke Space Is Raising $1 Billion to Fund Flagship Nova Rocket (per Bloomberg)
- https://www.bloomberg.com/news/articles/2026-08-13/stoke-space-is-raising-1-billion-to-fund-flagship-nova-rocket
- Stoke Space Technologies Inc. is raising $1 billion to accelerate development and production of a fully reusable rocket.
- The company is raising money at a valuation of around $9 billion, excluding the new funds, and aims to close the round this month.
- Stoke's Nova rocket is designed to be reusable, with the goal of recovering the entire vehicle after each flight, which would be an industry first.
u/Phil_Brooklyn — 1 day ago