Stoke Space has completed the initial closing of a $1 billion Series E funding round, aimed at reaching orbit with its reusable rocket and developing a larger next-generation vehicle. The company positions itself as a direct competitor to SpaceX in the reusable launch market.
Background
Stoke Space is a Houston-based space startup founded in 2018, known for its fully reusable rocket design with an in-flight stage catch mechanism. The reusable launch market is dominated by SpaceX, which has made significant strides with its Falcon 9 and Starship programs.
- Source
- TechCrunch
- Published
- Sep 8, 2026 at 05:00 PM
- Score
- 6.0 / 10