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SpaceX's first employee raises $500M at $4.26B to build the infrastructure that moves spacecraft after launch

Impulse Space has raised $500 million in a Series D co-led by 137 Ventures and BANNER VC, bringing total funding to over $1 billion. The round values the company at $4.26 billion — and comes just one year after its $300 million Series C, signalling sharply accelerating investor conviction in post-launch orbital infrastructure. With three missions flown, hundreds of millions in customer contracts, and 200+ open roles, Impulse is the only well-cap…
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Tech Funding News broke the news on Thursday, June 4, 2026.
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