How Stoke Space's Billion Dollar Bet Could Rival SpaceX at Re Flying Rockets The space launch market has long been dominated by a single player: SpaceX.
But with its latest funding round, Stoke Space Technologies is making a bold move to challenge Elon Musk's company head on.
The $1 billion Series E investment will help Stoke develop a reusable rocket that can carry both the booster stage and payload carrying second stage back to Earth – a feat never achieved before.