The company raised $486.2 million in an equity offering, starting December, and another $535.7 million in an offering that began in April, its regulatory filings on Friday showed.
The launch came a week after two back-to-back countdowns for the mission were scrubbed - once due to high winds over the Cape and the next night in order to update satellite software and "triple-check" all systems.
The company announced its latest plans during an investor conference on Monday. But sceptics doubt Tesla can pull it off.
Falcon Heavy carried a communications satellite for Saudi-based telecom firm Arabsat, which will beam internet and television services over Africa, Europe and the Middle East.
The Elon Musk founded company is using the flight as a test, before it plans to put two astronauts on board later this year.
The company said it will “part ways” with some of its manpower, citing “extraordinarily difficult challenges ahead.”
Falcon 9 rocket launched by billionaire Elon Musk's company carries US Air Force's most powerful GPS satellite ever built, from Cape Canaveral, Florida.
Launch of long-delayed navigation satellite halted due to strong upper-level winds and next launch attempt would be on Sunday, officials of Elon Musk's company say.
The billionaire entrepreneur took a break from futuristic electric cars and private space travel to unveil a low-cost tunnel pioneered by his firm, the Boring Company. Musk is touting tunnels as a solution to Los Angeles' traffic woes.
Japanese billionaire Yusaku Maezawa will be the first private passenger of Elon Musk's SpaceX which is scheduled for blastoff in 2023.
Tesla CEO Musk uses his Twitter account to jab the Securities and Exchange Commission, the same agency that went after him for an August 7 tweet in which he declared he had secured financing for a Tesla buyout.
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