Starcloud just raised $250 million, bringing its total funding to $420 million and valuation to $2.3 billion—fueling a massive manufacturing push and the launch of its Starcloud-3 spacecraft on SpaceX’s Starship. CEO Philip Johnston is racing to secure orbital slots amid tightening launch markets, already requesting FCC approval for 88,000 satellites. With Falcon 9 winding down by 2028, Starcloud plans to deploy two AI-powered Starcloud-2 satellites in 2027 for government clients, while eyeing dedicated launches and partnerships. The company’s future hinges on Starship slashing launch costs—and it’s already attracting big bets, including $25 million from Nvidia, betting on in-orbit AI processing as the next frontier.
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