Canadian pension fund invests in SpaceX
Posted: Sun, Jun 30, 2019, 10:32 AM ET (1432 GMT)
A Canadian pension fund is the latest investor in SpaceX. The Ontario Teachers’ Pension Plan announced Thursday it had made an investment of undisclosed size in the company, saying it will support SpaceX's "next phase of growth" as it develops its Starlink constellation. The announcement comes as SpaceX filed paperwork for a new round of about $310 million, in addition to the $1 billion in two separate rounds it announced in May.
A Canadian pension fund is the latest investor in SpaceX. The Ontario Teachers’ Pension Plan announced Thursday it had made an investment of undisclosed size in the company, saying it will support SpaceX's "next phase of growth" as it develops its Starlink constellation. The announcement comes as SpaceX filed paperwork for a new round of about $310 million, in addition to the $1 billion in two separate rounds it announced in May.
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