Pre-IPO Sector – News Update – Week of 5/27/2019

Last week, DoorDash raised $600 million at a $12.6 billion valuation.

Robinhood was raising at least $200 million at a valuation north of $7 billion.

SpaceX successfully launched its first 60 satellites as part of its Starlink project. In addition, it was revealed that the company raised $1.02 billion in funds since the beginning of the year.

DOORDASH

"DoorDash Is Now Worth $12.6 Billion After New $600 Million Investment"

ROBINHOOD

"Trading app Robinhood Preps Major Funding Round”

SPACEX

“SpaceX Launches First Batch of 60 Internet Satellites in Landmark Mission"

"Elon Musk’s SpaceX Raises over $1 Billion this Year as Internet Satellite Production Ramps Up"