Houston-based Axiom Space is going full tilt into scaling production of private space stations, while also flying paying passengers on trips to orbit, with the company announcing Tuesday it received $130 million in a new round of funding.
“This round lets us go make a major payment in the build of our [space station] module and lets us build up the team, which we’ve been expanding at just a crazy pace,” Axiom President and CEO Michael Suffredini told CNBC.
Axiom declined to comment specifically on its valuation, but Suffredini said the company is now “well past the point” of becoming a unicorn, meaning its valuation has surpassed $1 billion. This puts Axiom among the 10-most valuable private U.S. space companies.